A-LevelAccountingTrial Balance and Error CorrectionOct/Nov 2022Paper 1 Q51 Mark
Which item is an error of principle?
ANo record was made of inventory withdrawn by the owner for private use.
BSales returns were credited to the returns inwards account.
CThe amount shown on a purchases invoice for goods for resale was incorrectly recorded in the purchases journal.
DThe cost of machinery repairs was debited to the machinery at cost account.
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of trial balance and error correction within the Accountingsyllabus. The examiner's mark scheme requires...
📋 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...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep