O-LevelAccountingSources and recording of data7707/11 · May/June 2017 · Q51 Mark

A business provided the following information for April 2017. invoices received for credit purchases 250 000 invoices received for cash purchases 15000 credit notes received for goods returned 10000 What was the total of the purchases journal for April 2017?

A$240000

B$250000

C$255000

D$265000

✓ Correct answer

B: $250000

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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 2017 Paper 1 Variant 1, question 5.

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