Accounting Error Types

Front

Rent not recorded

Back

Error of Omission

Front

₹2,000 as ₹200

Back

Error of Commission

Front

Furniture as goods

Back

Error of Principle

Front

Sales & Purchases undercast ₹500

Back

Compensating Error

Front

₹1,000 as ₹10,000

Back

Error of Commission

Front

Correct journal, wrong account

Back

Error of Posting

Front

Purchases in Sales Book

Back

Error of Subsidiary Book

Front

₹123 as ₹132

Back

Error of Commission

Front

₹99.99 as ₹100

Back

Rounding Error

Front

Entry recorded twice

Back

Error of Duplication