A-LevelAccountingReconciliation and verification9706/12 · May/June 2025 · 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
C: 2 and 3
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