Skip to main content

Back to the full dot-point answer

SingaporeAccountingQuick questions

The Double Entry Recording System

Quick questions on Double entry for purchases and sales explained: O-Level Principles of Accounts

4short 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 carriage?
Show answer
Carriage is the cost of transporting goods:
What is q1?
Show answer
State the double entry for selling goods \1\,000$ on credit to Lim. [2 marks]
What is q2?
Show answer
A customer returns \250$ of goods bought on credit. Give the double entry. [2 marks]
What is q3?
Show answer
Explain how carriage inwards and carriage outwards are treated differently. [3 marks]

Have a question we have not covered?

This dot-point answer is short enough that we have not extracted many short questions yet. Read the full dot-point answer or ask Mo, our study assistant, in the chat for follow ups.

All AccountingQ&A pages