O-LevelAccountingAccounting procedures7707/12 · May/June 2013 · Q231 Mark

Karnail does not keep a full set of accounting records. Which is not used to calculate his total credit sales?

Adebtor's cheque dishonoured

Bdiscount allowed

Cprovision for doubtful debts

Dreturns inwards

✓ Correct answer

C: provision for doubtful debts

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Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2013 Paper 1 Variant 2, question 23.

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