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प्रश्न
Give two examples of errors of commission?
उत्तर
The two examples of error of commission are as follows:
1. Posting of wrong amount - Goods for Rs. 9000 have been purchased from mohit.
However, while posting to Mohit's credit in the purchase book, if the amount posted is Rs. 900 in place of Rs. 9000, the trial balance will be different.
2. Posting on the wrong side - Goods for Rs. 5000 have been purchased from Ram.
Instead of posting it to the credit side, the entry was recorded on the debit side of Tam's a/c, making the trial balance increase the credit by Rs. 5000.
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संबंधित प्रश्न
Give two examples of errors of principle?
What kinds of errors would cause difference in the trial balance. Also list examples that would not be revealed by a trial balance?
State the limitations of trial balance?
Explain errors of principle and give two examples with measures to rectify them
Explain the errors of commission and give two examples with measures to rectify them
What are the different types of errors that are usually committed in recording business transaction
Rectify the following errors:
- Sales book overcast by ₹ 700.
- Purchases book overcast by ₹ 500
- Sales return book overcast by ₹ 300.
- Purchase return book overcast by ₹ 200.
Rectify the following errors:
- Sales book undercast by ₹300
- Purchases book undercast by ₹400
- Return Inwards book undercast by₹ 200
- Return outwards book undercast by ₹100.
