A-LevelAccountingReconciliation and verification9706/12 · May/June 2014 · Q91 Mark

What would cause a trial balance not to balance?

Acasting error in the cash account

Btransposition error in extracting the trial balance

Cdiscounts allowed posted to discounts received account

Dmisposting of an invoice to a creditor's account

✓ Correct answer

C: discounts allowed posted to discounts received account

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Topic: Reconciliation and verification, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2014 Paper 1 Variant 2, question 9.

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