O-LevelAccountingSources and recording of data7707/11 · May/June 2021 · Q71 Mark

Alisha entered the credit notes she received in March in the correct returns journal. How was the total of this journal recorded in the ledger at the end of the month?

Acredit purchases returns account

Bcredit sales returns account

Cdebit purchases returns account

Ddebit sales returns account

✓ Correct answer

A: credit purchases returns 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 2021 Paper 1 Variant 1, question 7.

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