Day: December 28, 2022

Accounting Multiple Choice Question – 28 December 2022

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

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In the books of Y how could a credit entry of £5,000 in customer X’s account have arisen?

Select ONE answer:

  1. X bought goods from Y
  2. X returned goods to Y
  3. Y made a payment to X
  4. Y returned goods to X

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 2

  1. Not correct
  2. Correct
  3. Not correct
  4. Not correct

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