Fichas
Accounting Errors
Fichas del conjunto (7)
- 1An error of omission Will trial Balance be balance?Where by a transaction is not recorded at all.
No. - 2An error of duplication Will trial Balance be balance?Entry of transaction duplicated at prime entry.
No. - 3An Entry ErrorWhere amount recoreded is incorrect
(Omission of zero)(Trasposition of figures) - 4Arithmetical Error Will trial Balance be balance?Problems with mathematical calculations at any stage.
Yes. - 5Double - Entry ErrorsAmount in cash book not posted.
Amount posted is different from amount recorded.
Rule of double-entry not completed - 6Error of commissionCorrect amount but incorrect class (Dr/Cr)
- 7Error of PrincipleCorrect amount. Incorrect account.
Información
- Descripción
- Degree Accounting Fichas sobre Accounting Errors, creado por Kieran Howell el 08/11/2015.
- Creado por
- Kieran Howell
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- 13
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- Valoración
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