A-LevelAccountingReconciliation and verification9706/12 · Feb/Mar 2017 · Q41 Mark

Why is a sales ledger control account used? 1 to control discounts received 2 to ensure credit customers pay promptly 3 to provide a trial balance figure for trade receivables

A1 and 2

B1 only

C2 and 3

D3 only

✓ Correct answer

D: 3 only

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Topic: Reconciliation and verification, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Feb/Mar 2017 Paper 1 Variant 2, question 4.

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