O-LevelAccountingAccounting procedures7707/12 · May/June 2023 · Q181 Mark

On 2 January, Razia wrote off $450 owed to her by Annette, a credit customer, as irrecoverable. On 2 October, Annette paid $100 by cheque in part settlement of that debt. Which entries would Razia make on 2 October?

Abank debts recovered

Bbank irrecoverable debts

Cdebts recovered bank

Dirrecoverable debts bank

✓ Correct answer

A: bank debts recovered

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Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2023 Paper 1 Variant 2, question 18.

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