Gce Model Questions Vol1 2023 Financial Accounting Question 16

Practice objective / multiple choice question 16 from the 2023 Gce Model Questions Vol1 Financial Accounting examination.

Gce Model Questions Vol1 2023 Financial Accounting Objective / Multiple Choice Medium Difficulty
Question 16 GCE_MODEL_QUESTIONS_VOL1 • 2023 • FINANCIAL_ACCOUNTING • objective

In the trial balance of XYZ Ltd, the total of the debit column is £(68,400) and the total of the credit column is £(65,200). It is known that the only error is that a single transaction has been posted to the wrong side of the trial balance. Determine the amount of that transaction.

Answer Options

A. 1800
Correct Answer B. 1600
C. 1400
D. 2000
Correct Answer
B
Correct Option:
1600

About This Question

This is Gce Model Questions Vol1 2023 Financial Accounting Question 16. It is one of the objective questions from the 2023 Gce Model Questions Vol1 Financial Accounting examination.

Difficulty level: Medium .

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