Accounting Multiple Choice Question – 18 April 2024

Which of the following errors would result in a trial balance imbalance?

Select ONE answer:

1. The discounts allowed balance was listed as a credit on the trial balance
2. Drawings for the last month of the year had been posted to the sundry expenses account
3. A contra settlement had been recorded only in the sales and purchases ledgers
4. Capital expenditure had been posted to repairs

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 1

1. Correct – For the other items, the trial balance will balance because: Drawings and sundry expenses are both debits (2), Both debits and credits suffer an omission in (3), capital expenditure and repairs are both debits (4).
2. Not correct
3. Not correct
4. Not correct

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