O Level Accounting (7707)•7707/12/M/J/21

Explanation
Ambiguous transaction details and entry formats Steps:
- Identify correct entry: Debit Bank 95 for receiving cheque from debtor.
- Note discrepancy: Question states 85, suggesting amount error in all.
- Analyze names: Entry should credit Shakeel, not Shamz (or Shamez); crediting wrong account is key error described.
- Review formats: All choices show same account debited and credited equally, which nullifies effect and mismatches standard double-entry for this transaction.
Why the correct option is correct:
Not applicable—question provides inconsistent amounts (85) and unclear entry formats, preventing identification of single erroneous option.
Why the others are wrong:
- All options share amount mismatch and invalid same-account debit/credit structure, but no single choice stands out as uniquely erroneous.
Final answer: Not enough information.
Topic: Correction of errors
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