O-LevelAccountingSources and recording of data7707/12 · Oct/Nov 2011 · Q31 Mark

Eli buys goods on credit from Mona. What entries should Eli make in his ledgers? general ledger purchases ledger A credit Mona debit purchases B credit purchases debit Mona C debit Mona credit purchases D debit purchases credit Mona

Acredit Mona debit purchases

Bcredit purchases debit Mona

Cdebit Mona credit purchases

Ddebit purchases credit Mona

✓ Correct answer

D: debit purchases credit Mona

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Topic: Sources and recording of data, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2011 Paper 1 Variant 2, question 3.

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