O-LevelAccountingSources and recording of data7707/11 · May/June 2014 · Q71 Mark

Fatima returned goods to Youseff. How would this be recorded by Youseff?

Abook of prime (original) entry: purchases returns journal, ledger: credit Fatima account

Bbook of prime (original) entry: purchases returns journal, ledger: debit Fatima account

Cbook of prime (original) entry: sales returns journal, ledger: credit Fatima account

Dbook of prime (original) entry: sales returns journal, ledger: debit Fatima account

✓ Correct answer

C: book of prime (original) entry: sales returns journal, ledger: credit Fatima account

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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 7.

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