What are the errors that do not affect trial balance?

Open in App

Solution

The errors that do not affect the trial balance are as follows:

Errors of omission

Errors of commission

Errors of principle

Compensating errors

Also read:

Errors of Commission

Errors of Omission

Rectification of Errors

How to Prepare Trial Balance

Income and Expenditure Account Based on Trial Balance

MCQs on Trial Balance

Learn about more commerce questions and answers from different topics in business studies, economics and accountancy from our website.

Suggest Corrections

Similar questions

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. Which are the errors which does not affect the trial balance?

Q. Which of the following types of errors do not affect the agreement of trial balance?

Which of the following errors do not effect trial balance

Q. Which of the following errors will not affect the Trial Balance?

Join BYJU'S Learning Program