A-LevelAccountingError Correction and Suspense AccountsOct/Nov 2020Paper 1 Q81 Mark

An invoice for purchases was credited to the purchases account. How will the balance on the purchases account be corrected?

Q: What topic does this question test?

This question tests Error Correction and Suspense Accounts in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

Adecrease by the value of the invoice

Bdecrease by twice the value of the invoice

Cincrease by the value of the invoice

Dincrease by twice the value of the invoice

✓ Correct Answer

The correct answer is D: increase by twice the value of the invoice

📋 Examiner Report & Trap Analysis

Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Accounting Question

Topic

This multiple-choice question tests Error Correction and Suspense Accounts in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Accounting Oct/Nov 2020 examination, Paper 1 Variant 2.

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