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WorksheetsCorrection Of Errors (Not affecting Trial Balance)
Total questions: 10
Worksheet time: 14mins
An insurance payment, RM 600, was correctly debited to the bank account but was posted to the salaries account by mistake.
Error of principle
Error of commission
Repairs to office equipment, RM 1,500 had been posted to the office equipment account.
Error of principle
Error of commission
Drawings of goods by Nick for personal use, RM 200 had not been recorded in the books.
Error Of Commission
Error Of Omission
Sales returns and discounts received were both overstated by RM 250.
Reversal Error
Compensating Error
A cheque of RM 2,500 received for commission income was debited to the commission income and credited to cash at bank account.
Reversal Error
Compensating Error
A cheque payment of RM 4,000 for rent was recorded as RM 40,000 in the books.
Reversal Error
Error of Original Entry
A cheque collection, RM 300 from Jia Yu Construction was recorded in Jia En Contractors account.
Please state the type of error and correct the entries.
Error of commission
Dr Jia Yu Construction RM 300
Cr Jia En Contractors RM 300
Error of principle
Dr Jia Yu Construction RM 300
Cr Jia En Contractors RM 300
Error of commission
Dr Jia En Contractors RM 300
Cr Jia Yu Construction RM 300
Error of principle
Dr Jia En Contractors RM 300
Cr Jia Yu Construction RM 300
Goods had been sold to Mark on credit for RM 3,100. No record of the sale had been made in the accounts.
Please state the type or error and show the correct entries.
Error of original entry
Dr Account Receivable - Mark RM 3,100
Cr Sales RM 3,100
Error of omission
Dr Account Receivable - Mark RM 3,100
Cr Sales RM 3,100
Error of original entry
Dr Sales RM 3,100
Cr Account Receivable - Mark RM 3,100
Error of omission
Dr Sales RM 3,100
Cr Account Receivable - Mark RM 3,100
The purchases account was overstated by RM 1,200 while the inventory account was understated by RM 1,200.
Please state the type of error and show the correct entries.
Compensationg Error
Dr Inventory RM 1,200
Cr Purchases RM 1,200
Reversal Error
Dr Inventory RM 1,200
Cr Purchases RM 1,200
Compensationg Error
Dr Purchases RM 1,200
Cr Inventory RM 1,200
Reversal Error
Dr Purchases RM 1,200
Cr Inventory RM 1,200
A payment for RM 1,400 utilities was debited to cash in hand and credited to utilities account.
Reversal Error
Dr Utilities RM 1,400
Cr Cash RM 1,400
Reversal Error
Dr Utilities RM 2,800
Cr Cash RM 2,800
Reversal Error
Dr Cash RM 1,400
Cr Utilities RM 1,400
Reversal Error
Dr Cash RM 2,800
Cr Utilities RM 2,800
