O-LevelAccountingSources and recording of data7707/11 · Oct/Nov 2013 · Q191 Mark

Which would be included in a sales ledger control account?

Acash discount allowed

Binterest charged by creditors

Cpurchase returns

Dtrade discount received

✓ Correct answer

A: cash discount allowed

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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 2013 Paper 1 Variant 1, question 19.

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