A-LevelAccountingDouble Entry BookkeepingOct/Nov 2015Paper 1 Q161 Mark
An invoice for purchases was credited to the purchases account. How is the balance on the purchases account corrected?
Adecrease by the value of the invoice
Bdecrease by twice the value of the invoice
Cincrease by the value of the invoice
Dincrease by twice the value of the invoice
✓ Correct Answer
The correct answer is D. 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...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep