O-LevelAccountingSources and recording of dataOct/Nov 2010 · Q81 Mark

The totals of the discount columns in a trader's cash book were as follows. $200 debit $150 credit Which entry did the trader make in the discount allowed account? A $150 credit B $150 debit C $200 credit D $200 debit

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 8.

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