The balance on the purchases ledger control account did not agree with the total of balances from the purchases ledger accounts. The following errors were then discovered.

1 Contra entries had not been entered in the general journal.
2 Debit balances on the purchases ledger had not been included in the control account.
3 Discount allowed total had been included in the control account.
4 Goods returned to a supplier had not been recorded in the purchases returns journal.

Which errors will require entries being made in the purchases ledger?

Q: What topic does this question test?

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

Q: Which exam paper is this question from?

This question appeared in the Cambridge A-Level Accounting May/June 2021 examination, Paper 1 Variant 2 (9706_s21_qp_12.pdf).

Question

The balance on the purchases ledger control account did not agree with the total of balances from the purchases ledger accounts. The following errors were then discovered.

1 Contra entries had not been entered in the general journal.
2 Debit balances on the purchases ledger had not been included in the control account.
3 Discount allowed total had been included in the control account.
4 Goods returned to a supplier had not been recorded in the purchases returns journal.

Which errors will require entries being made in the purchases ledger?

Oracle Prep · Accepted Answer

The correct answer is D: 1 and 4 only.

✓ Correct Answer

📋 Examiner Report & Trap Analysis

🎯 Mark Scheme Breakdown

Unlock the Examiner's Analysis

About This A-Level Accounting Question

Topic

Source

Practice on Oracle Prep

Related Accounting Questions