O-LevelAccountingSources and recording of data7707/11 · May/June 2012 · Q71 Mark

Tahir purchases goods on credit from Yasmin. How will Yasmin record this?

Abook of prime entry: purchases journal, account to be debited: purchases, account to be credited: Yasmin

Bbook of prime entry: purchases journal, account to be debited: Yasmin, account to be credited: purchases

Cbook of prime entry: sales journal, account to be debited: sales, account to be credited: Tahir

Dbook of prime entry: sales journal, account to be debited: Tahir, account to be credited: sales

✓ Correct answer

D: book of prime entry: sales journal, account to be debited: Tahir, account to be credited: sales

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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 2012 Paper 1 Variant 1, question 7.

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