Errors which affect one side of an account are called _________.

Single Sided Errors

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Double Sided Errors

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Triple Sided Errors

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Compensation Errors

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Solution

The correct option is A Single Sided Errors
Any error which is affecting only one side or one account is called a single sided error. This kind of error affects the trial balance.
For example, total of sales day book of Rs.2450 is transferred to sales account as Rs.2540. In such a situation, customer accounts are posted correctly but sales account is not correctly posted. Hence this is a single side error.

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Similar questions

Q. State whether the following statement is True or False:-
Single sided errors affect only one account.

State whether the following statements are True or False-

1) A trial balance can agree in spite of certain errors.
2) Errors committed due to lack of accounting knowledge are errors of omission.
3) Trial balance is prepared from the balance of ledger accounts.
4) Rectification entries are passed in cash book.
5) Single sided errors affect only one account.
6) Suspense account is automatically closed after rectification of all errors.
7) Errors affecting the agreement of trial balance are called on side errors.
8) There is no need to open a suspense account if the trial balance agrees.
9) All the errors can be rectified only through suspense account.
10) Compensating errors affect the agreement of trial balance.

Q. State whether the following statements are True or False:
Errors affecting the agreement of trial balance are called one side errors.

Q. One sided errors are:

Q. In a

Δ A B C

the sides b and c are given. If there is an error

Δ A

in measuring angle A, then the error

Δ a

in side a is given by

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