O-LevelAccountingSources and recording of data7707/12 · May/June 2024 · Q61 Mark

What is the double entry for recording a cheque payment to a credit supplier? debit credit A bank account purchases ledger account B bank account sales ledger account C purchases ledger account bank account D sales ledger account bank account

Abank account; purchases ledger account

Bbank account; sales ledger account

Cpurchases ledger account; bank account

Dsales ledger account; bank account

✓ Correct answer

C: purchases ledger account; bank 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 6.

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