O-LevelAccountingSources and recording of data7707/11 · May/June 2010 · Q31 Mark

Zafar returns goods bought on credit from Khalid. How is this recorded in Zafar's books?

AKhalid purchases returns

BKhalid sales returns

Cpurchases returns Khalid

Dsales returns Khalid

✓ Correct answer

A: Khalid purchases returns

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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 2010 Paper 1 Variant 1, question 3.

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