O-LevelAccountingSources and recording of data7707/11 · May/June 2015 · Q31 Mark

Sarah sells goods on credit to Zafar. How is this recorded in Sarah's ledgers? general ledger sales ledger A credit sales account debit Zafar account B debit sales account credit Zafar account C credit Zafar account debit sales account D debit Zafar account credit sales account

Acredit sales account debit Zafar account

Bdebit sales account credit Zafar account

Ccredit Zafar account debit sales account

Ddebit Zafar account credit sales account

✓ Correct answer

A: credit sales account debit Zafar 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 2015 Paper 1 Variant 1, question 3.

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