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O-LevelAccountingVerification of accounting records7707/11 · May/June 2020 · Q131 Mark

A sales ledger control account had a debit balance of $10000. It was found that a $2000 contra entry to the purchases ledger control account had been entered on the wrong side of the sales ledger control account. What was the correct debit balance on the sales ledger control account?

A$6000
B$8000
C$12000
D$14000

✓ Correct answer

A: $6000

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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, May/June 2020 Paper 1 Variant 1, question 13.

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