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Errors not affecting the trial balance

Total questions: 16

Worksheet time: 32mins

Name
Class
Date
1.

An insurance payment, RM 600, was correctly debited to the bank account but was posted to the salaries account by mistake.

a)

Error of principle

b)

Error of commission

2.

Repairs to office equipment, RM 1,500 had been posted to the office equipment account.

a)

Error of principle

b)

Error of commission

3.

Drawings of goods by Nick for personal use, RM 200 had not been recorded in the books.

a)

Error Of Commission

b)

Error Of Omission

4.

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.

a)

Error of commission

Dr Jia Yu Construction RM 300

Cr Jia En Contractors RM 300

b)

Error of principle

Dr Jia Yu Construction RM 300

Cr Jia En Contractors RM 300

c)

Error of commission

Dr Jia En Contractors RM 300

Cr Jia Yu Construction RM 300

d)

Error of principle

Dr Jia En Contractors RM 300

Cr Jia Yu Construction RM 300

5.

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.

a)

Error of original entry

Dr Account Receivable - Mark RM 3,100

Cr Sales RM 3,100

b)

Error of omission

Dr Account Receivable - Mark RM 3,100

Cr Sales RM 3,100

c)

Error of original entry

Dr Sales RM 3,100

Cr Account Receivable - Mark RM 3,100

d)

Error of omission

Dr Sales RM 3,100

Cr Account Receivable - Mark RM 3,100

6.

$200 rental payment was not recorded in the books. What is type of this error ?

a)

Error of omission

b)

Error of commission

c)

Error of original entry

d)

Compensating error

7.

A credit purchase of goods $1200 from Calvin trading was recorded in Clara trading account. Name the error.

a)

Error of commission

b)

Error of omission

c)

Error of principle

d)

Compensating error

8.

A cheque payment of $500 for rent was not recorded. Name the error.

a)

Error of commission

b)

Error of omission

c)

Error of principle

d)

Compensating error

9.
What is the impact on profit for the year if income overstated?
a)
profit will be overstated
b)
profit will be understated
c)
no effect
10.

Cheque of $300 was issued to settle Mr Chan's account was recorded in Mr Chen's account.

a)

Error of omission

b)

Error of commission

c)

Error of original entry

d)

Compensating error

11.

Purchase of a motor van costing $1000 was recorded in motor expenses account.

a)

Error of omission

b)

Error of commission

c)

Error of original entry

d)

Error of principle

12.
Which of the following is an example of error of Principle
a)
Goods sold for Rs50,000 posted as Rs75000
b)
Rent received Rs500 but wrongly debited 
c)
Goods of Rs85000 purchased for cash recorded through Furniture account
d)
None of these 
13.
Which of the following statement is incorrect 
a)
A trial balance is the proof of arithmetical accuracy of accounts 
b)
Double sided errors can be rectified with suspense account or without suspense account 
c)
Errors of commission may or may not affect agreement of trial balance 
d)
Errors of wrong totaling do not affect trial balance 
14.

X received a cheque from Z, a customer. X recorded it as being received from S, another

customer.

What type of error is this?

a)

commission

b)

compensating

c)

omission

d)

principle

15.

Which is an error of omission?

a)

No entry has been made for the purchase of stationery by cheque.

b)

Purchase of stationery has been entered only in the cash book.

c)

Purchase of stationery has been entered only in the stationery account.

d)

The stationery account has been missed out of the trial balance.

16.

Purchase of a new computer has been posted to the repairs account in error.

What type of error is this?

a)

commission

b)

complete reversal of entries

c)

original entry

d)

principle