A-LevelAccountingIncomplete RecordsOct/Nov 2016Paper 1 Q111 Mark
A trader did not keep full accounting records. The following information was available for 2015. $ trade payables on 1 January 32785 trade payables on 31 December 43630 payments to suppliers during the year 72830 discounts received during the year 3450 What was the value of purchases?
A$58535
B$65435
C$80225
D$87125
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of incomplete records 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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