Accounting Multiple Choice Question – 27 February 2023

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Accounting
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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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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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