The trial balance — Paper 1 · IGCSE Accounting 0452

10 Why is a trial balance prepared? A to analyse the financial information B to assist preparation of financial statements C to control the costs of the business D to evaluate the performance of the business

1 marks

Answer: B

This question in 0452/11 May/June 2020

11 The totals of a trial balance did not agree and $200 was debited to a suspense account. On checking the books it was found that two errors had been made. 1 A sales invoice for $700 had been recorded in the sales journal as $770. 2 The sales journal had been totalled incorrectly. What was the error made in totalling the sales journal? A overcast by $130 B overcast by $200 C undercast by $130 D undercast by $200

1 marks

Answer: B

This question in 0452/13 May/June 2020

7 Rent received from a tenant was debited to the rent receivable account and credited to the cash book. Which type of error has been made? A commission B compensating C complete reversal D principle

1 marks

Answer: C

This question in 0452/11 Oct/Nov 2020

6 Ziningi prepared a trial balance. The total of the debit column was $225 750 and the total of the credit column was $225 250. What could explain the difference? A Bank overdraft, $250, was recorded as a debit balance. B Inventory, $500, was included as a debit balance. C Purchases returns, $250, were included as a credit balance. D Sales returns, $250, were included as a debit balance.

1 marks

Answer: A

This question in 0452/13 Oct/Nov 2020

10 The totals of a trial balance failed to agree. The total of the credit column was $10 000. Two errors were later found. The sales journal had been overcast by $100. Goods sold to Sarah on credit for $200 had been incorrectly debited to Zara. What was the total of the debit column of the trial balance? A $9700 B $9900 C $10 100 D $10 300

1 marks

Answer: B

This question in 0452/12 Feb/March 2021

9 Which statement is not true about a trial balance? A It is a list of ledger account balances at a certain date. B It can assist in finding arithmetical errors. C It is part of the double entry system. D It is useful in preparing financial statements.

1 marks

Answer: C

This question in 0452/12 May/June 2021

9 Which statement is not true about a trial balance? A It is a list of ledger account balances at a certain date. B It can assist in finding arithmetical errors. C It is part of the double entry system. D It is useful in preparing financial statements.

1 marks

Answer: C

This question in 0452/13 May/June 2021

9 What is shown in a trial balance? A capital and profit on a particular date B financial transactions for a particular period C ledger balances on a particular date D receipts and payments for a particular period

1 marks

Answer: C

This question in 0452/11 Oct/Nov 2021

10 A sales invoice for $800 was incorrectly recorded in the sales journal as $1800. How did this error affect the trial balance? A The trial balance balanced but both totals were overstated by $1000. B The trial balance balanced but both totals were understated by $1000. C The trial balance did not balance because the credits were overstated by $1000. D The trial balance did not balance because the debits were understated by $1000.

1 marks

Answer: A

This question in 0452/12 Oct/Nov 2021

9 What is shown in a trial balance? A capital and profit on a particular date B financial transactions for a particular period C ledger balances on a particular date D receipts and payments for a particular period

1 marks

Answer: C

This question in 0452/13 Oct/Nov 2021

8 The total of the debit column of a trial balance was more than the total of the credit column. One account balance had been entered in the wrong column. Which one was it? A cash B discount received C drawings D irrecoverable debts

1 marks

Answer: B

This question in 0452/12 Feb/March 2022

8 Which statement about a trial balance is correct? A It assists in locating arithmetical errors in the book-keeping records. B It is proof that the entries in the ledger accounts are free from error. C It reveals all book-keeping errors. D It shows ledger account errors only.

1 marks

Answer: A

This question in 0452/11 May/June 2022

9 Which errors would be revealed by the preparation of a trial balance? 1 credit purchases, $240, entered as $420 in both the purchases account and the trade payable’s account 2 credit sales entered as $96 in the sales account and $69 in the trade receivable’s account 3 purchase of a motor vehicle, $15 000, entered in the motor vehicle repairs account 4 wages paid, $1050, debited in both the wages account and the bank account A 1 and 2 B 1 and 3 C 2 and 4 only D 2, 3 and 4

1 marks

Answer: C

This question in 0452/11 Oct/Nov 2022

10 Saddique’s trial balance failed to balance. The debit column totalled $12 250 and the credit column totalled $12 200. The following errors were discovered. No entry had been made for cash sales, $150. The total of the discount received account, $50, had been omitted from the trial balance. What were the totals of the trial balance after the errors had been corrected? A $12 250 B $12 300 C $12 350 D $12 400

1 marks

Answer: D

This question in 0452/11 Oct/Nov 2022

9 Saddique’s trial balance failed to balance. The debit column totalled $12 250 and the credit column totalled $12 200. The following errors were discovered. No entry had been made for cash sales, $150. The total of the discount received account, $50, had been omitted from the trial balance. What were the totals of the trial balance after the errors had been corrected? A $12 250 B $12 300 C $12 350 D $12 400

1 marks

Answer: D

This question in 0452/12 Oct/Nov 2022

9 Which errors would be revealed by the preparation of a trial balance? 1 credit purchases, $240, entered as $420 in both the purchases account and the trade payable’s account 2 credit sales entered as $96 in the sales account and $69 in the trade receivable’s account 3 purchase of a motor vehicle, $15 000, entered in the motor vehicle repairs account 4 wages paid, $1050, debited in both the wages account and the bank account A 1 and 2 B 1 and 3 C 2 and 4 only D 2, 3 and 4

1 marks

Answer: C

This question in 0452/13 Oct/Nov 2022

10 Saddique’s trial balance failed to balance. The debit column totalled $12 250 and the credit column totalled $12 200. The following errors were discovered. No entry had been made for cash sales, $150. The total of the discount received account, $50, had been omitted from the trial balance. What were the totals of the trial balance after the errors had been corrected? A $12 250 B $12 300 C $12 350 D $12 400

1 marks

Answer: D

This question in 0452/13 Oct/Nov 2022

8 The following errors were found after a trial balance had been completed. The total of the sales account was overstated by $25. The total of the wages account was overstated by $25. Which statement is correct about the trial balance that had been completed? A The total of the debit column was $25 more than that of the credit column. B The total of the credit column was $50 more than that of the debit column. C The total of the debit column was $50 more than that of the credit column. D The total of the debit column and the total of the credit column were equal.

1 marks

Answer: D

This question in 0452/12 Feb/March 2023

9 The following trial balance failed to balance. debit credit $ $ premises at cost 60 000 fittings at cost 20 000 provision for depreciation of fittings 4 000 bank loan 30 000 purchases 85 904 sales 181 657 general expenses 16 471 trade receivables 9 384 trade payables 7 168 wages 34 000 bank overdraft 1 477 cash in hand 236 opening inventory 4 577 capital 6 270 Which items have been entered onto the wrong side of the trial balance? A bank loan, general expenses, trade payables, bank overdraft, opening inventory B purchases, sales, trade payables, bank overdraft, cash in hand C premises at cost, bank loan, sales, trade payables, opening inventory D trade payables, trade receivables, wages, cash in hand, capital

1 marks

Answer: A

This question in 0452/12 Feb/March 2023

11 Shazia’s trial balance failed to agree and the difference was placed in a suspense account. Shazia discovered the following errors. 1 A cheque received, $280, had been credited to the bank account. 2 A cheque to Nunu, $50, had not been entered in Nunu’s account. What was the balance on the suspense account before the errors were corrected? A $230 debit B $330 credit C $510 credit D $610 debit

1 marks

Answer: D

This question in 0452/12 Feb/March 2023

8 A trader prepared a trial balance at 31 December. Which statement about this trial balance is correct? A It shows a summary of the financial position at 31 December. B It shows the ledger account balances at 31 December. C It shows the profit for the year ended 31 December. D It shows the transactions for the year to 31 December.

1 marks

Answer: B

This question in 0452/11 May/June 2023

10 At the end of his financial year, Zane opened a suspense account. Why was it necessary to open this account? A the suspense account had been omitted from the ledger B the trial balance totals did not agree C to correct an error of commission D to make sure no errors were made in the ledger

1 marks

Answer: B

This question in 0452/11 May/June 2023

7 Tahir prepared a trial balance. He entered both the balance on the discount allowed account, $900, and the bank overdraft, $750, in the wrong column. Which total of the trial balance was higher and what was the amount of the difference between the debit total and the credit total? amount of total that difference was higher $ A credit column 300 B credit column 1650 C debit column 150 D debit column 3300

1 marks

Answer: A

This question in 0452/12 May/June 2023

7 Tahir prepared a trial balance. He entered both the balance on the discount allowed account, $900, and the bank overdraft, $750, in the wrong column. Which total of the trial balance was higher and what was the amount of the difference between the debit total and the credit total? amount of total that difference was higher $ A credit column 300 B credit column 1650 C debit column 150 D debit column 3300

1 marks

Answer: A

This question in 0452/13 May/June 2023

8 Paula’s trial balance contains errors. debit credit $ $ fixtures and fittings 4 000 light and heat 600 purchases 11 200 insurance 1 200 sales 16 500 trade payables 3 500 trade receivables 5 500 bank overdraft 1 000 capital 3 500 drawings 2 000 23 500 25 500 What is the corrected trial balance total? A $23 500 B $24 500 C $25 500 D $26 500

1 marks

Answer: B

This question in 0452/11 Oct/Nov 2023

7 The totals of a trial balance agree. What does this mean? A All the arithmetic in the ledger is correct. B All transactions have been entered in the correct ledger accounts. C All transactions have been entered on the correct sides of the ledger. D Total debit balances equal total credit balances in the ledger.

1 marks

Answer: D

This question in 0452/12 Oct/Nov 2023

8 Paula’s trial balance contains errors. debit credit $ $ fixtures and fittings 4 000 light and heat 600 purchases 11 200 insurance 1 200 sales 16 500 trade payables 3 500 trade receivables 5 500 bank overdraft 1 000 capital 3 500 drawings 2 000 23 500 25 500 What is the corrected trial balance total? A $23 500 B $24 500 C $25 500 D $26 500

1 marks

Answer: B

This question in 0452/13 Oct/Nov 2023

10 Which statement correctly describes a suspense account? A It is an account opened to check for errors in a trial balance. B It is a permanent account used to correct the statement of financial position. C It is a temporary account used to correct errors of complete reversal. D It is an account that is opened when the totals of a trial balance disagree.

1 marks

Answer: D

This question in 0452/13 Oct/Nov 2023

7 What is the name given to a list of ledger balances on a particular date? A control account B income statement C statement of account D trial balance

1 marks

Answer: D

This question in 0452/12 Feb/March 2024

7 Which statement about a trial balance is correct? A It is a list of the ledger balances on a particular date. B It is part of the double entry system of book-keeping. C It is proof that all items have been posted to the correct accounts. D It is proof that all transactions have been entered in the books of account.

1 marks

Answer: A

This question in 0452/11 May/June 2024

8 The totals of a trial balance did not agree and $200 was debited to a suspense account. The book-keeper then checked the books and found the following two errors. 1. A sales invoice for $700 had been recorded in the sales journal as $770. 2. The sales journal had been totalled incorrectly. What error was made when the sales journal was totalled? A overcast by $130 B overcast by $200 C undercast by $130 D undercast by $200

1 marks

Answer: B

This question in 0452/12 May/June 2024

8 The totals of a trial balance did not agree and $200 was debited to a suspense account. The book-keeper then checked the books and found the following two errors. 1. A sales invoice for $700 had been recorded in the sales journal as $770. 2. The sales journal had been totalled incorrectly. What error was made when the sales journal was totalled? A overcast by $130 B overcast by $200 C undercast by $130 D undercast by $200

1 marks

Answer: B

This question in 0452/13 May/June 2024

7 Which items appear on the debit side of a trial balance? 1 amounts owed from credit customers 2 discount received from credit suppliers 3 drawings made by the owner 4 overdrawn balance at the bank A 1 and 2 B 1 and 3 C 2 and 4 D 3 and 4

1 marks

Answer: B

This question in 0452/12 Oct/Nov 2024

9 Mandy’s trial balance failed to agree. The difference of $620 was placed in a suspense account. The suspense account’s balance was shown on the debit side of the trial balance. Which error had caused the difference? A Discounts allowed of $310 had been credited to the discount received account. B Discounts received of $310 had been credited to the discount allowed account. C The value of closing inventory had been overstated by $620. D The value of closing inventory had been understated by $620.

1 marks

Answer: A

This question in 0452/13 Oct/Nov 2024

8 Why is a trial balance prepared? A to analyse financial information B to assist in the preparation of financial statements C to control the costs of the business D to evaluate the performance of the business

1 marks

Answer: B

This question in 0452/12 Feb/March 2025

9 Which group of account balances would appear in the credit column of a trial balance? A assets, purchases, drawings B discount received, capital, sales returns C liabilities, expenses, sales D sales, capital, purchases returns

1 marks

Answer: D

This question in 0452/12 Feb/March 2025

12 The totals of Simon’s trial balance did not agree, and he opened a suspense account. He then found that when he had restored the imprest with $70, he had recorded it correctly in the petty cash book but had recorded it on the wrong side of the main cash book. This was the only error. What was the opening entry in the suspense account? A $70 on the credit side B $70 on the debit side C $140 on the credit side D $140 on the debit side

1 marks

Answer: C

This question in 0452/12 Feb/March 2025

5 At the end of her financial year, Jasmine balanced her cash book and ledger accounts and made appropriate year-end transfers. Which statements are correct? 1 The debit balance on the account of a credit customer will be shown as an asset in the statement of financial position. 2 The debit balance on the bank column in the cash book will be shown as a liability in the statement of financial position. 3 The total of the discount received account will be included in the cost of sales in the income statement. 4 The total of the general expenses account will be deducted from gross profit in the income statement. A 1, 2 and 3 B 1, 3 and 4 C 1 and 4 only D 2 and 3 only

1 marks

Answer: C

This question in 0452/11 May/June 2025

7 Which account balance will appear in the debit column of a trial balance? A carriage inwards B discounts received C provision for doubtful debts D purchases returns

1 marks

Answer: A

This question in 0452/11 May/June 2025

7 Ziningi prepared a trial balance. The total of the debit column was $225750, and the total of the credit column was $225250. What could explain the difference? A The bank overdraft of $250 was included as a debit balance. B Discount allowed of $500 was included as a debit balance. C Purchases returns for $250 were included as a credit balance. D Sales returns of $500 were included as a debit balance.

1 marks

Answer: A

This question in 0452/12 May/June 2025

7 Which account balance will appear in the debit column of a trial balance? A carriage inwards B discounts received C provision for doubtful debts D purchases returns

1 marks

Answer: A

This question in 0452/13 May/June 2025

8 A trader prepared their trial balance which showed the debit column total of $45 000 and the credit column total of $40 000. The following errors were then discovered. 1 The discount received account balance of $500 was listed in the debit column of the trial balance. 2 The returns outwards account balance of $250 was omitted from the trial balance. 3 The debit column of the trial balance was overcast by $3750. All errors were corrected and the trial balance totals agreed. What were the trial balance totals after the correction of errors? A $40 500 B $40 750 C $41 000 D $ 44500

1 marks

Answer: B

This question in 0452/12 Oct/Nov 2025

9 Ahmed’s trial balance totals did not agree. He entered the difference in a suspense account. The following errors were later discovered. 1 A payment of $200 for a vehicle repair had been debited to the motor vehicles account. 2 Drawings of $150, correctly recorded in the cash book, had not been posted to the drawings account. 3 The sales journal had been undercast by $900. What was the original balance on Ahmed’s suspense account? A $550 B $750 C $950 D $1050 Susanne is a trader. She received a cheque from Zahir, a credit customer, for $300. This cheque

1 marks

Answer: B

This question in 0452/12 Oct/Nov 2025

11 Which statement is not correct? A Errors of commission and errors of original entry are entered in the suspense account. B The trial balance difference is entered in the suspense account. C The suspense account remains open until all the errors preventing the agreement of the trial balance have been corrected. D When all of the errors found have been corrected, there will be no balance carried down in the suspense account.

1 marks

Answer: A

This question in 0452/12 Oct/Nov 2025

3 Accounting data is processed through various stages using the double entry system. Which stage checks the arithmetical accuracy of the double entry? A financial statements B journals C ledgers D trial balance

1 marks

Answer: D

This question in 0452/13 Oct/Nov 2025

8 The totals of a trial balance do not agree because the debit total is more than the credit total. Which error would have to be corrected to balance the trial balance? A expenses paid in cash omitted from the accounting records B goods sold on credit to Smith debited to the account of Small C repairs to equipment debited to the equipment account D total of the sales returns account overcast

1 marks

Answer: D

This question in 0452/13 Oct/Nov 2025

9 A trial balance did not agree, and a suspense account was opened. After the following errors had been corrected the suspense account balanced and was closed. 1 The total of the discount allowed column in the cash book for November of $250 had been credited to the discount received account. 2 Cash sales of $50 had been correctly entered in the cash book, but had not been posted to the sales account. What was the difference which was originally entered in the suspense account? A $200 credit B $200 debit C $450 credit D $450 debit

1 marks

Answer: D

This question in 0452/13 Oct/Nov 2025