Which of the following error does not affect the trial balance.
Error in casting
Error of partial omission
Error in principle
All of above
Two sided errors will not affect the
Profit and Loss A/c
Trial balance
Ledger
None of these
When sale of goods is not recorded it is
An error in posting
Error of omission
Error of commission
Error of principle
Which of the following is not an error or principle
Purchase of furniture debited to purchase account
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
If a wrong amount is posted it will not detect through trial balance is an error of
Omission
Commission
Principle
Duplication
Which of the following errors will be rectified through Suspense account.
Sales return book under cash by Rs. 1000.
sales return by Madhu Rs. 1000 not recorded
Sales return by Madhu Rs.1000 recorded as Rs.100
Sales return by Madhu Rs. 1000 recorded through purchase return book
Repairs to machinery debited to machinery Account is
Error in posting
Error in recording
Compensatory error
A mistake of committed intentionally by an accountant to defraud others are called as
Fraud
Mistake
All of these
New account opened to make the trial balance tally is called
Suspense a/c
Errors a/c
Adjusting entree
closing entries
If errors are not located before the preparation of trial balance in such a case ______ are not required
Rectifying entries
Adjusting entries
Opening entries
