Gce Model Questions Vol1 2017 Financial Accounting Question 7
Practice objective / multiple choice question 7 from the 2017 Gce Model Questions Vol1 Financial Accounting examination.
A trial balance shows total debits of \(£10{,}000\) and total credits of \(£10{,}072\), giving a difference of \(£72\). The only error is a transposition of digits in a single debit entry, where the amount was entered as \(£19\) instead of the correct amount. What is the correct amount that should have been recorded?
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About This Question
This is Gce Model Questions Vol1 2017 Financial Accounting Question 7. It is one of the objective questions from the 2017 Gce Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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