O-LevelAccountingSources and recording of data7707/11 · May/June 2022 · Q31 Mark

Sarah sold goods on credit to Zafar. How was this recorded in Sarah's ledgers? general ledger sales ledger

Ageneral ledger: credit sales account, sales ledger: debit Zafar account

Bgeneral ledger: debit sales account, sales ledger: credit Zafar account

Cgeneral ledger: credit Zafar account, sales ledger: debit sales account

Dgeneral ledger: debit Zafar account, sales ledger: credit sales account

✓ Correct answer

A: general ledger: credit sales account, sales ledger: 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 2022 Paper 1 Variant 1, question 3.

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