Tag: SLCA

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

This work is licensed under a Creative Commons Attribution 4.0 International License.