Accounting Multiple Choice Question – 26 September 2018

What is the balance carried down on the following debtor account on the 30 June ………..?

Select ONE answer:

1. £520 debit
2. £520 credit
3. £1,250 credit
4. None of the above

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Accounting KS5 classes.

The answer is 3 – Total debits £1,650 – Total credits £400 = difference c/fwd on credit side of £1,250

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