Rectification of Errors in Trial Balance

Which of the errors does not affect the trial balance

• Wrong Balancing of Account
• Writing an amount in the wrong account but on the correct side
• Wrong totaling of an account
• None of the above

Which of the following errors is an error of omission?

• Sale of Rs.500 was written in the purchases journal
• Wages paid to Mohan have been debited to his account
• The total of the sales journal has not been posted to the Sales Account
• None of the above

Purchase of office furniture for Rs.3,400 has been debited to GeneralExpenses Account. It is:

• An error of commission
• An error of omission
• An error of principle
• None of the Above

Which of the following errors will affect the Trial Balance Account?

• Repair to buildings have been debited to buildings
• The total of purchases journal is Rs.1,000 short.
• Freight paid on new machinery has been debited to the Freightaccount
• None of the above

Which of the following errors is an error of principle

• Rs.500 received from Rakesh has been debited to his account
• Sales undercast by $100
• Repairs to Machinery have been debited to Machinery Account
• None of the above

Purchase of machinery $5900 has been entered as $590 in the books . Identify the type of error

• Error of complete reversal
• error of transposition
• error of commission
• error of original entry

Purchase of a new computer has been posted to the repairs account in error. What type of error is this?

• Commission
• Complete reversal
• Original Entry
• Principle

When is a suspense account prepared

• when a Balance Sheet fails to balance
• when a trial balance fails to balance
• when an error of omission is corrected
• when an error of principle is corrected

Which error will affect the balancing of the trial balance?

• A cheque from Sam has been debited in the bank account but not entered in Sam’s account
• A cheque paid to Smith has been debited in Smythe’s account.
• An invoice from a supplier has been lost and not recorded
• A payment of rent was debited to the bank account and credited to the rent account

Which type of error is corrected using a suspense account?

• complete reversal
• omission
• Principle
• Single Entry