A-LevelAccountingCorrection of Errors and Suspense AccountsFeb/Mar 2016Paper 1 Q61 Mark
The trial balance totals are as follows: debit $500 150 credit $500 000 Which error could have caused the difference?
Acash sale has only been recorded in the sales account.
Bcredit purchase has only been recorded in a supplier's account.
Ccredit sale has not been recorded.
Dcredit sale has only been recorded in a customer's account.
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of correction 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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