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O-LevelAccountingVerification of accounting records7707/12 · May/June 2020 · Q111 Mark

The totals of a trial balance did not agree and $200 was debited to a suspense account. On checking the books it was found that two errors had been made. 1 A sales invoice for $700 had been recorded in the sales journal as $770. 2 The sales journal had been totalled incorrectly. What was the error made in totalling the sales journal?

Aovercast by $130
Bovercast by $200
Cundercast by $130
Dundercast by $200

✓ Correct answer

B: overcast by $200

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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 2, question 11.

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