Skip to main content
A-LevelAccountingReconciliation and verification9706/12 · May/June 2020 · Q51 Mark

A trader's trial balance did not agree at the end of the financial period and a suspense account was opened. The following errors were discovered. 1 No entry had been made in the books of account for a purchase of inventory, $650. 2 Purchase of a vehicle by cheque had been credited to bank but debited to motor expenses. 3 The discount received of $300 had been correctly recorded in the purchases ledger control account and was debited to discount allowed account. 4 The purchases account for the year had been incorrectly totalled. Which errors would affect the suspense account?

A1, 2 and 3
B1 and 3 only
C2 and 4 only
D3 and 4 only

✓ Correct answer

D: 3 and 4 only

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Reconciliation and verification and see which topics are most likely to come up next.

Sign up free →

About this question

Topic
Reconciliation and verification, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, May/June 2020 Paper 1 Variant 2, question 5.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Accounting questions

© 2026 Oracle Prep