O-LevelAccountingSources and recording of data7707/12 · May/June 2015 · Q21 Mark

Sarah sells goods on credit to Zafar. How is this recorded in Sarah's ledgers?

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 2, question 2.

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