A-LevelAccountingControl Accounts and Error CorrectionMay/June 2021Paper 1 Q61 Mark
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?
A1, 2 and 3
B1, 2 and 4
C2 and 3 only
D1 and 4 only
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of control accounts and error correction 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...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep