A-LevelAccountingError Correction and Suspense AccountsFeb/Mar 2025Paper 1 Q91 Mark
The totals of the trial balance of a business did not agree. A suspense account was opened for the difference. The following errors were then discovered. 1 The total of the sales journal of $16000 had been posted to the debit of the purchases account. 2 $7000 had been correctly entered in the rent received account but had been debited as $700 in the cash book. After correcting these errors, the suspense account was eliminated and the trial balance totals agreed. Which amount appeared for the suspense account in the trial balance before the corrections were made?
A$9700 credit
B$22 300 credit
C$25 700 credit
D$38 300 credit
✓ Correct Answer
The correct answer is C: $25 700 credit
📋 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...
🎯 Mark Scheme Breakdown
Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.
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