Accounting 9706 · AS & A Level · Reconciliation and verification

Reconciliation and verification — practice question

Which type of error would not disturb the totals of a trial balance from agreeing?

  • AA credit note for $56 received from a supplier was entered in the book of prime entry as $65.
  • BGoods taken for own use by the owner for $180 were debited to the cash account and debited to the drawings account.
  • CThe discounts received total in the cash book was not transferred to the general ledger.
  • DThe purchases returns account was understated by $50 and the cash account was overstated by $50.

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