Assuming that each of the errors stated below is the only accounting error, identify by placing a tick in the appropriate box the amount by which the Trial Balance will fail to balance.

(a) £360 received on sales is not posted

(b) £1,800 paid for purchases is posted as £180

(c) £145 paid for servicing the vehicle was posted to the Motor vehicles account

(d) £500 paid as a loan to John, a salesman, has been posted to the credit of John’s Loan account

(e) £160 received on sales is not recorded at all by the cashier

(f) £260 paid for stationery was posted to the Stationery account as £620

(g) The debit side of the Cash account is overcast by £200 (casting means adding)

Transcribed Image Text:

x Excess credit of £360 y Excess debit of £360 z Excess debit of £720