O-LevelAccountingVerification of accounting records7707/11 · May/June 2025 · Q131 Mark

Javid's sales ledger control account had a debit balance of $12000. Interest of $40 on an overdue account and also discount allowed of $150 had been omitted. What was the correct balance on the sales ledger control account?

A$11810

B$11890

C$12110

D$12 190

✓ Correct answer

B: $11890

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.

About this question

Topic: Verification of accounting records, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2025 Paper 1 Variant 1, question 13.

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 20111m

A trial balance fails to agree. The credit column totals $10 000. Two errors are then found. The sales journal has b…

Verification of accounting recordsMay/June 20111m

Motor repairs of $250 have been posted in error to the motor vehicles account. What is the effect on the financial s…

Verification of accounting recordsMay/June 20111m

The difference on a trial balance is entered in a suspense account. A payment of $112 for general expenses had been …

The fundamentals of accountingMay/June 201028m

Leung commenced business on 1 April 2010 with inventory (stock) $500 and bank $6000. Leung also has a bank loan of $3…

Accounting proceduresMay/June 201021m

Chan and David were sole traders with the following assets and liabilities on 31 March 2009. | | Chan $ | David $ |-…

Analysis and interpretationMay/June 201013m

Paula Lim supplied the following information relating to her financial year ended 30 April 2010. $ Revenue (sales) 25…

← Browse all past-paper questions