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O-LevelAccountingVerification of accounting records7707/11 · Oct/Nov 2012 · Q131 Mark

A trial balance fails to balance. Which error caused this?

Acheque, $300, received from M. Green was entered on the credit side of the cash book and on the debit side of M. Green's account.
BMotor vehicle repairs, $500, were entered in the motor vehicle account.
CPurchases of goods on credit from J. Black, $750, were entered in J. Blackshaw's account.
DThe sales journal was overcast by $1000.

✓ Correct answer

D: The sales journal was overcast by $1000.

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About this question

Topic
Verification of accounting records, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, Oct/Nov 2012 Paper 1 Variant 1, question 13.

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