Errors - trial balance

Recording a prompt payment discount allowed correctly in the general ledger but not recording it in the subsidiary ledger.

• Error disclosed by the trial balance
• Error NOT disclosed by the trial balance

Recording a cash sale as a debit to the receivables account and a credit to the sales account.

• Error disclosed by the trial balance
• Error NOT disclosed by the trial balance

Omitting a credit sale to a receivable completely from both the general and subsidiary ledgers.

• Error disclosed by the trial balance
• Error NOT disclosed by the trial balance

Recording purchase invoices on the debit side of the purchase ledger control account and the credit side of the purchases account for the correct amount.

• Error disclosed by the trial balance
• Error NOT disclosed by the trial balance

Recording a receipt from a receivable in the sales ledger control account only.

• Error disclosed by the trial balance
• Error NOT disclosed by the trial balance

Recording a payment of £300 to a credit supplier as:
DR PLCA £300
CR Bank £30

• Error disclosed by the trial balance
• Error NOT disclosed by the trial balance

A bank receipt from a trade receivable has been recorded in the cash book only

• Error disclosed by the trial balance
• Error NOT disclosed by the trial balance

A purchase invoice has not been recorded in the accounting system

• Error disclosed by the trial balance
• Error NOT disclosed by the trial balance

A cash sale for £87 has been credited to sales account as £78

• Error disclosed by the trial balance
• Error NOT disclosed by the trial balance

Rent received of £400 has been credited to rent paid account.

• Error disclosed by the trial balance
• Error NOT disclosed by the trial balance