A-LevelAccountingDouble Entry BookkeepingMay/June 2013Paper 1 Q11 Mark
In the books of account of Y, how could a credit entry of $500 in X's account have arisen?
AX bought goods from Y.
BX returned goods to Y.
CY made a payment to X.
DY returned goods to X.
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of double entry bookkeeping within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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