O-LevelAccountingVerification of accounting records7707/11 · May/June 2011 · Q101 Mark

A trial balance fails to agree. The credit column totals $10 000. Two errors are then found. The sales journal has been overcast by $100. Goods sold to Y on credit for $200 have been incorrectly debited to X. What is the total of the debit column of the trial balance?

A$9700

B$9900

C$10 100

D$10 300

✓ Correct answer

B: $9900

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Topic: Verification of accounting records, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2011 Paper 1 Variant 1, question 10.

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