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Find the Mistake – Trial Balance Challenge

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Find the Mistake – Trial Balance Challenge

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About this activity

Spot the error fast

Created by

Zainab Ashrafi
Zainab Ashrafi
India

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Find the Mistake – Trial Balance Challenge
 

Find the Mistake – Trial Balance ChallengeOnline version

Spot the error fast

by Zainab Ashrafi
1

Trial balance shows: Debit: Cash 4,000; Inventory 3,500; Drawings 1,000; Credit: Capital 8,500; Revenue 0. Totals odd. What is wrong?

2

Trial balance totals Debit 15,800 and Credit 15,800. But Sales 5,000 not shown. What is wrong and where?

3

Cash 2,400; Inventory 1,600; Equipment 4,000; Credit: Capital 8,000; Revenue 2,400. Totals unbalanced. Where is the mistake?

4

Trial balance: Debit 9,000; Credit 9,000. But a purchase of 1,200 was posted to the Credit side. What's wrong?

5

Service income 3,200 is posted as a debit in the trial balance. What is the issue?

6

Trial balance shows Loan payable 5,000 listed on the debit side by mistake. What's wrong and fix?

7

A credit posting of 2,000 for Sales was accidentally posted to Drawings. Where is the mistake?

8

Opening capital 7,500 appears on the wrong side of the trial balance. What is the issue?

Feedback

Revenue should be recorded to the income side.

Sales should appear on the credit side.

Totals must be equal; check entry amounts.

Purchases should appear on debit side.

Income should be on credit side.

Liabilities are credits in a trial balance.

Sales should be on credit; Drawings is an equity draw.

Opening capital must be on the credit side.

 
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