CIMA Fundamentals of financial accounting BA3 Question # 19 Topic 2 Discussion

CIMA Fundamentals of financial accounting BA3 Question # 19 Topic 2 Discussion

BA3 Exam Topic 2 Question 19 Discussion:
Question #: 19
Topic #: 2

Below are a list of entries from FG's accounts, from the most recent accounting period:

Petty Cash £150 DR

Returns Outwards £310 CR

Purchases £820 DR

Sales £250 CR

FG started the period with a bank balance of £405 DR. The total bank account at the end of period was £1,065 DR

Which of the above items has been omitted from the bank account total?


A.

Petty Cash


B.

Returns Outwards


C.

Purchases


D.

Sales


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