AQA A LEVEL ACCOUNTING 7127/1 PAPER 1 FINANCIAL ACCOUNTING QUESTIONS WITH A MERGED MARKING SCGHEME |2023
Which stakeholder will not find the schedule of non-current assets useful? [1 mark] A Debenture holders B Existing shareholders C Local community D Potential investors 0 2 Which of the following is an example of an error of principle? [1 mark] A An invoice for machinery repairs posted to the machinery cost account. B An invoice for machinery repairs posted to the rent and rates account. C A sales invoice not recorded in the sales journal. D A sales invoice posted to the debit of the sales account and credit of the bank account. CORRECT METHOD WRONG METHODS
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