Day: February 27, 2023

Which error would affect the balancing of a trial balance?

Select ONE answer:

1. A purchase invoice for £259 was entered in the purchases day book and the creditor’s account as £529.
2. A payment for rent of £250 has been debited in the bank account. It has been entered correctly in the rent account.
3. A sales invoice for £180 was lost, before it could be entered in the sales day book.
4. A sales return of £500 was debited in the debtor’s account and credited to the purchases returns account.

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 2

1. Not correct
2. Correct
3. Not correct
4. Not correct

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