BKCL Errors

Which of these is an error of principle?

• Recording a sale in the rent received account

• Recording building repairs to buildings at cost

• Posting a payment of rent as a DR to the Bank and a CR to Rent

• Recording a payment of wages in the heat and light account

A trial balance has been produced and the totals are Debit 129,451 and Credit 132,465. The suspense entry is?

• Debit 3,014

• Credit 3,014

A payment of 450 for Telephone bill has been posted to the Bank account only would this effect the trial balance?

• No

• Yes

A payment to a supplier has been posted as DR to the bank and a CR to PLCA would this effect the trial balance?

• Yes

• No

An entry for discounts received has been recorded as Dr Discount Received and CR PLCA. To correct this?

• DR Discount Received and CR PLCA

• CR Discount Received DR PLCA

• CR Discount Received DR PLCA then CR Discount Received and DR PLCA

Which of these errors are shown by the trial balance?

• Recording a payment for vehicle repairs in the Vehicles account

• Posting a payment to a supplier in the purchase ledger only

• Omitting a sales invoice

• Posting a payment to a supplier in the purchase ledger and the bank account