If a wrong amount is posted it will not detect through trial balance is an error of _______.
Omission
Commission
Principle
Duplication
________ errors will affect the total of trial balance .
Two sided error
One sided error
None of these
Both of these
If a mistake is committed unintentionally or innocently due to ignorance of accounting principles or due to earliness of an accountant such mistake are called
Fraud
Error
When two mistakes will nullify the effect of each other, such error are termed as _________.
Errors of posting
Errors of duplication
Compensating error
Errors of principle
Which of the following is a clerical error?
Error of omission
Error of Commission
All the above
_______ account is used for rectifying the one sided errors only.
Suspense
Capital
Trial balance
Journal entries passed to correct an error is called
Closing entry
Adjusting entry
Transfer entry
Rectification entry
A mistake of committed intentionally by an accountant to defraud others are called as ________.
Mistake
All of these
Which of the following is not an error of principle.
Purchase of furniture debited to purchase account
Repairs on the overhandling of second hand machinery purchased debited to repairs a/c
Cash received from Padmanabham posted to Karthik
Sale of old car canceled to sales account.
Which of the following is not an error or principle
Repairs on the over handling of second hand machinery purchased debited to repairs account
Cash received from Manoj posted to Saroj
Sale of old car credited to sales account
