A-LevelAccountingSuspense Accounts and Error CorrectionMay/June 2025Paper 1 Q91 Mark
A business's suspense account appears as follows: $ $ discount allowed 150 opening balance 100 sales 50 150 150 Which statements are correct? 1 Total debits had been $100 less than total credits in the trial balance. 2 The sales account had been overcast by $50. 3 The discount allowed account had been overcast by $150.
A1 and 2
B1 only
C2 and 3
D3 only
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of suspense 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...
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