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Accounting Errors

Kieran Howell Accounting Degree Englisch 7 Karten

Karten in diesem Stapel (7)

  1. 1An error of omission Will trial Balance be balance?Where by a transaction is not recorded at all.
    No.
  2. 2An error of duplication Will trial Balance be balance?Entry of transaction duplicated at prime entry.
    No.
  3. 3An Entry ErrorWhere amount recoreded is incorrect
    (Omission of zero)(Trasposition of figures)
  4. 4Arithmetical Error Will trial Balance be balance?Problems with mathematical calculations at any stage.
    Yes.
  5. 5Double - Entry ErrorsAmount in cash book not posted.
    Amount posted is different from amount recorded.
    Rule of double-entry not completed
  6. 6Error of commissionCorrect amount but incorrect class (Dr/Cr)
  7. 7Error of PrincipleCorrect amount. Incorrect account.

Informationen

Beschreibung
Degree Accounting Karteikarten am Accounting Errors, erstellt von Kieran Howell am 08/11/2015.
Erstellt von
Kieran Howell
Aufrufe
13
Tags
accountingerrors
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