Accounting 9706 · AS & A Level · Reconciliation and verification

Reconciliation and verification — practice question

A business uses control accounts within its double entry system. Which type of error would lead to a posting in the suspense account?

  • AA purchases journal total of $9870$ is incorrectly posted as $9780$.
  • BCarriage outwards is credited to the carriage outwards account but correctly accounted for in the cash book.
  • CDiscounts allowed are debited to the discounts allowed account and credited to the purchases ledger control account.
  • DRepairs to a vehicle are debited to the vehicles account.

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