Ledgers & Trial Balance
39 free practice questions with explanations
PassNova has 39 free AAT Level 2 Accounting practice questions on Ledgers & Trial Balance, each with a clear explanation. Practise them in the browser with instant feedback — 100% free, no sign-up, on any device. Updated for 2026.
Ledgers & Trial Balance: example questions & answers
Here are 6 example questions from this topic. Practise the full set of 39 free in the browser.
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What is the primary purpose of preparing a trial balance?
- A To calculate the profit for the year
- B To check that total debits equal total credits in the ledgers ✓
- C To value the closing inventory
- D To reconcile the bank statement
Answer: A trial balance lists all ledger balances to confirm that total debit balances equal total credit balances, providing an arithmetic check on the double entry.
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A sale of £450 is correctly recorded in the sales account but completely omitted from the customer's account. What type of error is this?
- A Error of commission
- B Error of principle
- C Error of original entry
- D Single-sided error affecting the trial balance ✓
Answer: Posting only one side of a transaction leaves the trial balance out of balance because one debit or credit is missing. This is a single-sided error that the trial balance will detect.
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Which of the following errors will NOT be revealed by a trial balance?
- A A debit posted without the corresponding credit
- B A transaction completely omitted from the books ✓
- C Adding up a ledger account incorrectly
- D Posting one side of an entry twice
Answer: An error of complete omission leaves both the debit and credit out, so the trial balance still balances and the error is hidden. The other errors create unequal totals.
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Rent expense is debited to the rent account but also wrongly debited to the insurance account instead of being a credit to bank. The trial balance therefore does not balance. What is the bookkeeping name for an account opened to hold this temporary imbalance?
- A A suspense account ✓
- B A control account
- C A nominal account
- D A drawings account
Answer: When a trial balance does not balance, the difference is placed in a suspense account until the errors are found and corrected by journal entries.
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In which ledger would you find the individual personal accounts of credit suppliers?
- A The general (nominal) ledger
- B The sales ledger
- C The purchases ledger ✓
- D The cash book
Answer: Individual supplier (payable) accounts are kept in the purchases ledger. The sales ledger holds individual customer accounts.
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A trial balance shows total debits of £85,200 and total credits of £85,000. What is the balance to be entered in the suspense account, and on which side?
- A £200 debit
- B £200 credit ✓
- C £170,200 credit
- D £200 on the income statement
Answer: Debits exceed credits by £200, so a £200 credit entry in a suspense account is needed to make the trial balance agree until the error is located.