A-LevelAccountingErrors and Suspense AccountsMay/June 2013Paper 1 Q81 Mark
Which error would result in the creation of a suspense account?
Acrediting the commission received account with rent received
Bcrediting the discounts allowed account with the discounts received
Cdebiting the bank interest paid account with bank interest received
Ddebiting the petrol account with a purchase of a new car
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of errors and suspense accounts 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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