Invariably errors in the trial balance are due to______________.

Recording in wrong books

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Omitting the transactions that recorded

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Both a and b

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

None of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Both a and b
Invariably errors in the trial balance are due to recording in wrong books and omitting the transactions that are to be recorded.

Suggest Corrections

Similar questions

In case of Errors of Principle, there is no effect on the Trial Balance as the amounts are placed on the correct side of the Trial Balance though in wrong accounts. Is the above statement correct?

Give one word/term on phrase for each of the following statements.

1) Errors of incorrect entries or wrong posting.
2) Account to which difference in trial balance is transferred.
3) Errors which are committed by clerks.
4) Transaction remained to be recorded at all in the books of accounts.
5) Error in which the effect of one mistake is nullified by another mistake.
6) An entry passed to cancel wrong effects given and give correct effects to accounts affected.
7) Errors of calculation.
8) Error which affects the agreement of trial balance.
9) Error which are not disclosed by the trial balance.
10) Taking the Total more while closing books of accounts

Q. When the amounts are placed on the correct side of the trial balance but in wrong accounts, then it is called errors of .

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.

Which of the following errors effect the Trial Balance i.e. Trial Balance do not tally due to which of the following errors?

Join BYJU'S Learning Program

Invariably errors in the trial balance are due to______________.

The correct option is C Both a and bInvariably errors in the trial balance are due to recording in wrong books and omitting the transactions that are to be recorded.

The correct option is C Both a and b
Invariably errors in the trial balance are due to recording in wrong books and omitting the transactions that are to be recorded.