Skip to main content
O-LevelAccountingVerification of accounting records7707/12 · May/June 2016 · Q121 Mark

A trader provided the following information. Feb 1 sales ledger control account balance $6320 dr Feb 28 sales journal total $51200 sales returns journal total $1024 cash received from credit customers $830 cheques received from credit customers $50340 discount allowed $670 What was the balance on the sales ledger control account on 28 February?

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

A$4656
B$5326
C$5486
D$7180

✓ Correct answer

A: $4656

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Verification of accounting records and see which topics are most likely to come up next.

Sign up free →

About this question

Topic
Verification of accounting records, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2016 Paper 1 Variant 2, question 12.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Accounting questions

© 2026 Oracle Prep