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SingaporeAccountingQuick questions

Books of Prime Entry and Ledgers

Quick questions on Source documents explained: O-Level Principles of Accounts

3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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Name the source document for a credit sale and for a cash receipt. [2 marks]
What is q2?
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State the book of prime entry for a credit note issued to a customer. [1 mark]
What is q3?
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Explain one risk of recording transactions without source documents. [2 marks]

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