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A-LevelAccountingReconciliation and verification9706/12 · Oct/Nov 2022 · Q71 Mark

The totals on a trial balance were: debit $500 150 credit $500 000 Which error could have caused the difference?

Acash sale has only been recorded in the sales account.
Bcredit purchase has only been recorded in a supplier's account.
Ccredit sale has not been recorded.
Dcredit sale has only been recorded in a customer's account.

✓ Correct answer

D: credit sale has only been recorded in a customer's account.

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About this question

Topic
Reconciliation and verification, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Oct/Nov 2022 Paper 1 Variant 2, question 7.

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