O-LevelAccountingVerification of accounting records7707/12 · May/June 2024 · Q81 Mark
The totals of a trial balance did not agree and $200 was debited to a suspense account. The book-keeper then checked the books and found the following two errors. 1. A sales invoice for $700 had been recorded in the sales journal as $770. 2. The sales journal had been totalled incorrectly. What error was made when the sales journal was totalled?
Aovercast by $130
Bovercast by $200
Cundercast by $130
Dundercast by $200
✓ Correct answer
B: overcast by $200
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