Which of the following is not an error of commission.
Over drafting of sales book
Credit sales to Ramesh Rs.5,000 credited to his account
Wrong balancing of machinery account
Cash sales not recorded in cash book
Total Amount method of preparing trial balance is other wise known as
Gross trial balance method
Total cum balance method
Balance method
None of these
Under ______ method, the debit and credit total of each account are shown in two respective amount column.
Gross Trial Balance
Total amount
Both a and b
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 is a clerical error
Error of omission
Error of Commission
Compensating error
All the above
Errors where transactions are totally omitted to be recorded in the journal or subsidiary book and which do not affect the agreement of trial balance is called
Errors of omission
Errors of commission
Eerrors of principles
Errors of duplications
If two sides of trial Balance shows an equal balance it is presumed that the ________ to the ledger are accurate.
Balancing
Posting
Journalising
Two sided errors will not affect the
Profit and Loss A/c
Trial balance
Ledger
Trial Balance is
Account
Statement
Journal entries passed to correct an error is called
Closing entry
Adjusting entry
Transfer entry
Rectification entry
