◈ Oracle PrepSign Up Free
O-LevelAccountingVerification of accounting records7707/12 · May/June 2011 · Q111 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

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Verification of accounting records and see which topics are most likely to come up next.

Sign up free →

About this question

Topic
Verification of accounting records, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2011 Paper 1 Variant 2, question 11.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Accounting questions

Verification of accounting recordsMay/June 20121m

An invoice for stationery, $100, was entered as a credit note. Which entries should be made to correct this error?

Verification of accounting recordsMay/June 20121m

What does a debit balance on a sales ledger control account represent?

Verification of accounting recordsMay/June 20121m

On 31 March 2012, Ahmed's bank statement showed a credit balance of $2500. Ahmed found that a cheque issued for $90 a…

Accounting principles and policiesMay/June 20121m

Sally applies the historical cost principle and records all her non-current assets at the actual cost. What is an adv…

The fundamentals of accountingMay/June 20121m

Which task would not be carried out by an accountant?

The fundamentals of accountingMay/June 20121m

Jane made a payment to a supplier for goods bought on credit. Jane does not have a bank overdraft. What is the effect…

← Browse all past-paper questions

© 2026 Oracle Prep