Errors not affecting Trial Balance
Authored by Carissa Ramnarine
Business
10th Grade
Used 36+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 5 pts
A payment by T. Thomas was credited to the account of J. Thomas. What type of error would be the classified as ?
Commission
Omission
Principle
Complete reversal
2.
MULTIPLE CHOICE QUESTION
45 sec • 5 pts
The purchase of a motor van was not recorded in the company's books. What type of error would be the classified as ?
Commission
Omission
Principle
Complete reversal
3.
MULTIPLE CHOICE QUESTION
45 sec • 5 pts
B. Haze paid the business $5050 for goods bought on credit. In error it was recorded as $50. What type of error would be the classified as ?
Commission
Omission
Original entry
Principle
4.
MULTIPLE CHOICE QUESTION
45 sec • 5 pts
Stationery purchased was accidentally recorded to the office equipment account. What type of error would be the classified as ?
Omission
Principle
Original entry
Complete reversal
5.
MULTIPLE CHOICE QUESTION
45 sec • 5 pts
A bank charge was not recorded in the company's books. What type of error would be the classified as ?
Original entry
Commission
Omission
Principle
6.
MULTIPLE CHOICE QUESTION
45 sec • 5 pts
A payment made by U. Rogers was debited to his account. What type of error would be the classified as ?
Commission
Principle
Original entry
Complete reversal
7.
MULTIPLE CHOICE QUESTION
45 sec • 5 pts
Both bank and Sales were noticed to be overstated by $500. What type of error would be the classified as ?
Omission
Complete reversal
Compensating
Original entry
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Microsoft
or continue with
%20(1).png)
Apple
Others
Already have an account?
