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A-LevelAccountingReconciliation and verification9706/12 · Oct/Nov 2025 · Q81 Mark

The totals of a trial balance did not agree. As a result, a suspense account was opened with a credit balance of $1720. So far, two errors have been discovered: 1 The balance of the purchases returns account of $440 was omitted from the trial balance. 2 The bank overdraft balance was understated by $90. What will be the updated credit balance of the suspense account after these errors are corrected?

A$1190
B$1370
C$2070
D$2250

✓ Correct answer

A: $1190

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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 2025 Paper 1 Variant 2, question 8.

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