O-LevelAccountingSources and recording of dataOct/Nov 2010 · Q31 Mark

A customer returns goods to a supplier. How does the supplier record this in his ledger? account to be debited | account to be credited A customer | purchases returns B customer | sales returns C purchases returns | customer D sales returns | customer

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2010). The mark or mark type is shown in brackets.

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Topic: Sources and recording of data, O-Level Accounting (syllabus 7707). Structured question, 1 mark.
Source: O-Level Accounting, Oct/Nov 2010 Variant 1, question 3.

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