O-LevelAccountingSources and recording of data7707/12 · Oct/Nov 2013 · Q31 Mark

Zafar returned goods bought on credit from Khalid. How was this recorded in Zafar's books? account to be debited account to be credited

AKhalid purchases returns

BKhalid sales returns

Cpurchases returns Khalid

Dsales returns Khalid

✓ Correct answer

A: Khalid purchases returns

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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 2, question 3.

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