O-LevelAccountingSources and recording of data7707/12 · Oct/Nov 2012 · Q81 Mark

On 2 October Nina received a cheque from Zaffar, a credit customer. On 12 October the cheque was returned unpaid by the bank. Which entry would Nina make on 12 October? account to be debited account to be credited A bad debts bank B bad debts Zaffar C provision for doubtful debts Zaffar D Zaffar bank

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Abad debts bank

Bbad debts Zaffar

Cprovision for doubtful debts Zaffar

DZaffar bank

✓ Correct answer

D: Zaffar bank

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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 2012 Paper 1 Variant 2, question 8.

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