O-LevelAccountingSources and recording of data7707/12 · May/June 2024 · Q41 Mark

Alex issued credit notes in August and entered them in the correct book of prime entry. How was the total of this book of prime entry recorded in the nominal ledger at the end of August?

Acredited to the purchases returns account

Bdebited to the purchases returns account

Ccredited to the sales returns account

Ddebited to the sales returns account

✓ Correct answer

D: debited to the sales 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 2024 Paper 1 Variant 2, question 4.

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