Accounting 0452 · IGCSE · Other payables and other receivables

Other payables and other receivables — practice question

Shula’s financial year concludes on 31 March. On 1 April 2021, Yasmin’s account in Shula’s purchases ledger showed a credit balance of $100$. What does this mean?

  • AShula had paid $100$ to Yasmin.
  • BShula owed $100$ to Yasmin.
  • CYasmin had paid $100$ to Shula.
  • DYasmin owed $100$ to Shula.

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI