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O-LevelAccountingVerification of accounting recordsOct/Nov 2022Paper 1 Q91 Mark

Which errors would be revealed by the preparation of a trial balance? 1 credit purchases, $240, entered as $420 in both the purchases account and the trade payable's account 2 credit sales entered as $96 in the sales account and $69 in the trade receivable's account 3 purchase of a motor vehicle, $15000, entered in the motor vehicle repairs account 4 wages paid, $1050, debited in both the wages account and the bank account

A1 and 2
B1 and 3
C2 and 4 only
D2, 3 and 4

✓ Correct Answer

The correct answer is C. This question tests the candidate's understanding of verification of accounting records 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...

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About This O-Level Accounting Question

This multiple-choice question appeared in the Cambridge O-Level Accounting (7707) Oct/Nov 2022 examination, Paper 1 Variant 3. It tests the topic of Verification of accounting records and is worth 1 mark.

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