Error of commission does not permit ____________.

the trial balance to agree

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correct totaling of balance sheet

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correct totaling of trial balance

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None of the above

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Solution

The correct option is A the trial balance to agree
Error of commission is that error in which amounts are incorrectly recorded. For example, a credit sale to Neha for $R s .510$ is recorded in Neha's account as $R s .150$ . This may lead to disagreement of trial balance.

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Similar questions

State true or false:

1) A Trial balance is an account.
2) A Trial balance is helpful for preparation of final accounts.
3) A Trial balance is most important document.
4) A Trial balance may be prepared on any date.
5) In Trial balance opening stock is recorded in credit balance column.
6) Both sides total of an account are taken in Gross Trial Balance.
7) Purchase account always shows debit balance.
8) A Trial balance is a List of Ledger balances.
9) A Trial balance does not ensure accounting accuracy.
10) A Trial balance shows only arithmetical accuracy.

Q. is a totalling error where the total shown in trial balance is lower than the actual total.

What kinds of errors would cause a difference in the trial balance? Also, list examples that would not be revealed by a trial balance?

If there is a compensating error in books, then the totals of debits & credits shall not tally in the Trial Balance. Is this Correct?

What kinds of errors would cause difference in the trial balance? Also list examples that would not be revealed by a trial balance?

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Error of commission does not permit ____________.

The correct option is A the trial balance to agreeError of commission is that error in which amounts are incorrectly recorded. For example, a credit sale to Neha for Rs.510 is recorded in Neha's account as Rs.150. This may lead to disagreement of trial balance.

The correct option is A the trial balance to agree
Error of commission is that error in which amounts are incorrectly recorded. For example, a credit sale to Neha for $R s .510$ is recorded in Neha's account as $R s .150$ . This may lead to disagreement of trial balance.