Accounting Multiple Choice Question – 6 August 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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The following information is taken from the books of Alex Ltd at 30 April.

  • total of sales ledger balances was £84,000
  • balance on sales ledger control account was £83,100

What could have caused the difference between the sales ledger balances and the sales ledger control account balance?

Select ONE answer:

  1. an invoice for £900 not entered in the sales journal
  2. an invoice in the sales journal for £2,100 entered in the sales ledger account as £1,200
  3. the sales journal total for March overstated by £900
  4. the sales journal total for April, £9,800, entered in the sales ledger control account as £8,900

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 4

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

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

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