Download App

Trial Balance and Rectification of Errors — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountTrial Balance and Rectification of Errors1 Mark
MCQ
If accountant does not post the journal entry in journal, it will be classified as __________.
  • A
    Error of principle
  • B
    Error of commission
  • C
    Compensating errors
  • ✓
    Error of complete omission
✓

Answer

Correct option: D.
Error of complete omission
When a complete accounting transaction is missed out in recording, it is an example of error of complete omission.
For example, sales of Rs.6500 on credit to Ram is not at all recorded in the books of account. It is an error of complete omission. There will be no affect on trial balance due to such error.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "M.C.Q (1 Marks)" from Trial Balance and Rectification of Errors→Trial Balance and Rectification of Errors — all question types→Account STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

An enterprise take cash book balance as the base for preparation of bank reconciliation statement. Some of the bank charges have been put. These charges will be _________.
→
A ... is sent to a supplier when we return goods:
→
Outstanding salary is a:
→
Amount withdrawn by proprietor for personal use will $.........$ Cash and Capital.
→
Which of the following error can be disclosed by trial balance?
→
A statement containing the various ledger balances on particular date:
→
Which of the following is the most relevant accounting information for taxation authorities?
→
Which of the following errors will not affect the trial balance:
→
Accrual concept is based on:
→
Petty cash may be used to pay ______.
→