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O-LevelAccountingVerification of accounting records7707/12 · May/June 2020 · Q101 Mark

Sita discovers that $1000 received from the sale of fixtures had been entered in the sales account. Which journal entry corrected this error? debit $ credit $ A bank 1000 disposal of fixtures 1000 B bank 1000 fixtures 1000 C sales 1000 disposal of fixtures 1000 D sales 1000 fixtures 1000

Abank 1000 disposal of fixtures 1000
Bbank 1000 fixtures 1000
Csales 1000 disposal of fixtures 1000
Dsales 1000 fixtures 1000

✓ Correct answer

C: sales 1000 disposal of fixtures 1000

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About this question

Topic
Verification of accounting records, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2020 Paper 1 Variant 2, question 10.

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