Accounting 0452 · IGCSE · The trial balance

The trial balance — practice question

Saddique’s trial balance did not balance. The debit side amounted to \$12250 and the credit side amounted to \$12200. The following mistakes were identified. Cash sales of \$150 had not been entered. The total for the discount received account, \$50, had been left out of the trial balance. What would the totals of the trial balance be after these errors had been corrected?

  • A\$12250
  • B\$12300
  • C\$12350
  • D\$12400

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI