O-LevelAccountingAccounting procedures7707/12 · May/June 2011 · Q131 Mark

Winston decides to write off a debt due to him from Leroy for goods sold on credit. How is this recorded in Winston's books? account to be debited account to be credited A bad debts Leroy B bad debts sales C Leroy bad debts D sales bad debts

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Aaccount to be debited: bad debts; account to be credited: Leroy

Baccount to be debited: bad debts; account to be credited: sales

Caccount to be debited: Leroy; account to be credited: bad debts

Daccount to be debited: sales; account to be credited: bad debts

✓ Correct answer

A: account to be debited: bad debts; account to be credited: Leroy

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Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2011 Paper 1 Variant 2, question 13.

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