O-LevelAccountingSources and recording of data7707/11 · May/June 2014 · Q51 Mark

Abdul sold goods on credit to Zaffar. Which entries will Zaffar make in his ledgers?

Asales ledger: credit (✓), purchases ledger: debit (✓), general ledger: debit (✓)

Bsales ledger: credit (✓), purchases ledger: credit (✓), general ledger: debit (✓)

Csales ledger: debit (✓), purchases ledger: debit (✓), general ledger: credit (✓)

Dsales ledger: debit (✓), purchases ledger: credit (✓), general ledger: credit (✓)

✓ Correct answer

D: sales ledger: debit (✓), purchases ledger: credit (✓), general ledger: credit (✓)

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Topic: Sources and recording of data, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2014 Paper 1 Variant 1, question 5.

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