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A-LevelAccountingReconciliation and verification9706/12 · Feb/Mar 2018 · Q71 Mark

Which error would affect the balancing of a trial balance?

Apayment for rent of $250 has been debited in the bank account. It has been entered correctly in the rent account.
Bpurchase invoice for $259 was entered in the purchases journal.
Csales invoice for $180 was lost, before it could be entered in the sales journal.
Dsales return of $500 was debited in the customer's account and credited to the purchases returns account.

✓ Correct answer

A: payment for rent of $250 has been debited in the bank account. It has been entered correctly in the rent account.

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About this question

Topic
Reconciliation and verification, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Feb/Mar 2018 Paper 1 Variant 2, question 7.

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