9706/12 Accounting Oct Nov 2024 Onlin Test | Cambridge AS & A Level MCQ
CIE
AS & A Level
Accounting (9706)
دی
2024
مشاهده نمونه سوال
شامل مباحث:
تعداد سوالات: 30
سطح دشواری:
متوسط
شروع:
آزاد
پایان:
آزاد
مدت پاسخگویی:
60 دقیقه
پیش نمایش صفحه اول فایل
zivar sushu X sold Y goods on credit with a list price of $\$ 5000$. When X prepared the invoice, he forgot to give Y 10% trade discount.
What was the effect of this error in X’s books of account?
1 A suspense account with a credit balance of $\$ 500$ was opened.
2 A suspense account with a debit balance of $\$ 500$ was opened.
3 Assets were overstated by $\$ 500$.
4 Assets were understated by $\$ 500$.
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