O-LevelAccountingSources and recording of data7707/12 · Oct/Nov 2014 · Q41 Mark

Arnold's ledgers contain an account for Jim, a credit supplier, and a purchases account. In which ledgers will these accounts appear?

Ageneral ledger, general ledger

Bgeneral ledger, purchases ledger

Cpurchases ledger, general ledger

Dpurchases ledger, purchases ledger

✓ Correct answer

C: purchases ledger, general ledger

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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 2014 Paper 1 Variant 2, question 4.

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