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O-LevelAccountingVerification of accounting records7707/12 · Oct/Nov 2022 · Q91 Mark

Saddique's trial balance failed to balance. The debit column totalled $12250 and the credit column totalled $12200. The following errors were discovered. No entry had been made for cash sales, $150. The total of the discount received account, $50, had been omitted from the trial balance. What were the totals of the trial balance after the errors had been corrected?

A$12250
B$12300
C$12350
D$12400

✓ Correct answer

D: $12400

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About this question

Topic
Verification of accounting records, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, Oct/Nov 2022 Paper 1 Variant 2, question 9.

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