Paper 1 · Control Accounts
A credit balance of $250 has been omitted from the list of balances extracted from the sales ledger. What is the effect on the trial balance?
AThe credit side is understated by $250.
BThe credit side is overstated by $250.
CThe debit side is understated by $250.
DThe debit side is overstated by $250.
ZIMSEC Accounting 6001/1 Paper 1 (Multiple Choice), November 2022, Q7