Errors That Affect The Trial Balance Flashcards
1
Q
Addition Errors
A
In the trial balance itself or in a general ledger account
2
Q
Posting Errors
A
Where one side of the transaction is posted to the wrong side of an account
3
Q
Partial Omission Error
A
Where one side of the transaction is not posted
4
Q
Unequal Posting Error
A
Where the debit side of the posting does not equal the credit side
5
Q
Transposition Errors
A
Where, for example, one entry has been posted as £54 and another incorrectly transposed and posted as £45
