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Level 2 Bookkeeping Question Bank

  • Student
  • 2 posts
  • # 122717

Just reveiwing my newly received 'Question bank'. This book is a great idea as I stopped studying for a while and now I'm back. I am a little confused, just when I thought I had some of it worked out I came across Practice question 5. I have a list of credit notes in the sales return daybook. Question was how would this be entered in the personal account of an individual. My answer was CR Gross amount. Book answer was DR Gross amount. This is probably a silly question but is it me or the book that is wrong? Thank you

  • Student
  • 2 posts
  • # 122718

Jen133 said:

“Just reveiwing my newly received 'Question bank'. This book is a great idea as I stopped studying for a while and now I'm back. I am a little confused, just when I thought I had some of it worked out I came across Practice question 5. I have a list of credit notes in the sales return daybook. Question was how would this be entered in the personal account of an individual. My answer was CR Gross amount. Book answer was DR Gross amount. This is probably a silly question but is it me or the book that is wrong? Thank you”

 

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