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A-LevelAccountingControl AccountsFeb/Mar 2025Paper 1 Q121 Mark

A business maintains control accounts as part of the double entry. At the end of a financial period, the sales ledger control account balance of $64 200 did not agree with the total of the individual sales ledger balances of the business. The following errors were discovered. 1 An irrecoverable debt of $800, entered in the sales ledger control account, was omitted from the trade receivable account. 2 Discounts allowed of $950 were entered in the sales ledger accounts but were entered as $590 in the cash book. 3 A contra of $4100 between accounts in the sales and purchases ledgers was reversed in the control accounts. There were no further errors. What was the total of the trade receivables at the end of the period after adjustments?

A$54 840
B$55 640
C$56 360
D$59 740

✓ Correct Answer

The correct answer is B: $55 640

📋 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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About This A-Level Accounting Question

Topic

This multiple-choice question tests Control Accounts in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Accounting Feb/Mar 2025 examination, Paper 1 Variant 2.

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