Oxford AQA International A-level · Accounting (9615)

The double entry model: Practice Questions

3 multiple-choice questions marked as you go, and 3 written questions with worked solutions. All on The double entry model.

6 questions13 marksFree, no account

Question 1

1 mark

Which source document is used by a business to record daily cash sales in the cash book?

Question 2

1 mark

An invoice for goods shows a list price of $ \$2,000 $, a trade discount of $ 20\% $, and a cash discount of $ 5\% $ for payment within 10 days. What amount is recorded in the Sales Journal?

Question 3

1 mark

At the year-end, a business has trade receivables of $ \$50,000 $. This includes an irrecoverable debt of $ \$1,200 $ which needs to be written off. The provision for doubtful debts is to be adjusted to $ 4\% $ of the remaining receivables. The existing provision is $ \$1,500 $.

What is the total charge to the Income Statement for the year?

Question 4

2 marks

State the book of prime entry that would be used to record a credit note received from a supplier for goods returned.

Write your answer out first, then check it against the worked solution.

Question 5

3 marks

A business sells an office computer for $ \$800 $ cash. State the double entry required to record the transfer of the original cost of the computer from the Asset account to the Disposal account.

Write your answer out first, then check it against the worked solution.

Question 6

5 marks

A business has trade receivables of $ \$15,500 $ and an existing provision for doubtful debts of $ \$600 $. After writing off an irrecoverable debt of $ \$500 $, the provision is adjusted to $ 5\% $ of remaining receivables. State the journal entry required to record the adjustment to the provision.

Write your answer out first, then check it against the worked solution.

* The content provided by thinka is generated by AI and may not always be accurate or up-to-date. Please use it as a supplementary resource and verify with official materials.

You've seen the model answer. Now get yours marked.

This page can show you how a good answer looks. It cannot tell you what your answer was missing. thinka marks your written work against the real mark scheme in about 15 seconds.

Get My Answers Marked Back to the notes

Want more questions like these? Get a fresh set on this topic, marked as you go.

Practise More