I n t e r a c t I v e t e X t foundations in Accountancy/ acca financial accounting (ffa/FA) bpp learning Media is an acca approved Content Provider

 EXAM FOCUS POINT 

For each error, apply the following method. 

 

What is the correct entry? 

 

What entry has been made (if any)? 

 

What is the entry needed to correct the error? 

 

The other side of the entry then goes to the suspense account (eg if the entry above is a debit, 

then the entry in the suspense account will be a credit). 

The July to December 2016 ACCA examining team report includes an example (Example 3) which 

provides a methodical approach in dealing with suspense account questions. This question was 

chosen by the examining team to illustrate a specific question which students struggle with and to 

help future candidates. 

BPP Tutor Toolkit Copy

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CHAPTER 16  

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  CORRECTION OF ERRORS