Accounting Errors

Descrição

Degree Accounting FlashCards sobre Accounting Errors, criado por Kieran Howell em 08-11-2015.
Kieran Howell
FlashCards por Kieran Howell, atualizado more than 1 year ago
Kieran Howell
Criado por Kieran Howell aproximadamente 9 anos atrás
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Resumo de Recurso

Questão Responda
An error of omission Will trial Balance be balance? Where by a transaction is not recorded at all. No.
An error of duplication Will trial Balance be balance? Entry of transaction duplicated at prime entry. No.
An Entry Error Where amount recoreded is incorrect (Omission of zero)(Trasposition of figures)
Arithmetical Error Will trial Balance be balance? Problems with mathematical calculations at any stage. Yes.
Double - Entry Errors Amount in cash book not posted. Amount posted is different from amount recorded. Rule of double-entry not completed
Error of commission Correct amount but incorrect class (Dr/Cr)
Error of Principle Correct amount. Incorrect account.

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