What would be the impact on the Trial Balance of each of the following errors?

(a) A copy of sales invoice for £4,000 is not recorded in the Sales Day Book

(b) A supplier’s invoice for £2,500 is posted to the debit of the Trade payables account

(c) The daily total of the Sales Day Book is stated as £345,000 instead of £315,000 (i.e. overcast by £30,000)

(d) A purchase invoice is recorded in the Purchases Day Book as £18,500, without taking account of 10% of that amount offered as trade discount

(e) A sales invoice for £21,000 has been posted to the customer’s account as £12,000

(f) A credit note for £2,400 received from a supplier has been posted to the credit to the supplier’s account

(g) The year-end balance in a Trade receivables account has been carried down as £14,800, instead of £18,400

(h) The total of the Returns Outwards Day Book, amounting to £9,800, has been posted to the debit of the Purchases returns account

Transcribed Image Text:

x Excess credit £4,000 y Excess debit £4,000 z No impact