Which of the following errors do not effect trial balance

Errors of Omission

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Compensating errors

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Casting errors

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Both A & B

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Solution

The correct option is D
Both A & B

Both A & B

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Similar questions

Compensating errors do not effect the trial balance. Is the statement correct?

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

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 of the following errors is an error of omission?

Q. Compensating errors do not affect the agreement of __________.

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Which of the following errors do not effect trial balance

The correct option is D Both A & B Both A & B

The correct option is D
Both A & B

Both A & B