A-LevelAccountingError Correction and Suspense AccountsMay/June 2023Paper 1 Q61 Mark
Which error would not affect the agreement of the totals of a trial balance?
Acredit note for $56 received from a supplier was entered in the book of prime entry as $65.
BGoods taken for own use by the owner for $180 were debited to the cash account and
debited to the drawings account.
CThe discounts received total in the cash book was not transferred to the general ledger.
DThe purchases returns account was understated by $50 and the cash account was
overstated by $50.
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of error correction 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...
🔒
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