Advertisements
Advertisements
प्रश्न
State the account/s affected in the following error:
The total of purchases book ₹ 4,500 was posted twice.
Advertisements
उत्तर
Credit the Purchases A/c.
APPEARS IN
संबंधित प्रश्न
Errors not affecting the agreement of trial balance are ______.
A transaction not recorded at all is known as an error of ______.
What is meant by the error of principle?
What is meant by the error of partial omission?
Which type of error affects only one side (debit or credit) of a single account and usually causes a difference in the trial balance?
What is the main impact of two-sided errors, such as errors of principle or compensating errors, on the trial balance?
Which kind of error happens when both a debit and an equivalent credit mistake occur, effectively cancelling each other out?
Why is a suspense account used in correcting accounting errors?
What is the correct method of rectifying two-sided errors once they are discovered?
An error that results from wrong posting, totalling, or balancing in the books is called:
