trial balance Flashcards
1
Q
comission
A
Entry made into wrong ledger account
not revealed
2
Q
reversal
A
Debit entry made as credit or other way round
not revealed
3
Q
compensating
A
Two different errors made for the same amount hence they compensate eachother
not revealed
4
Q
omission
A
No entry was made for a transaction that occurred
not revealed
5
Q
original entry
A
Original transaction entered comnopletly incorrectly ex 48 for 1344
not revealed
6
Q
incorrect adittion
A
revealed
7
Q
parietal omissio
A
Ledger account balance has been left out
revealed
8
Q
partial transposition
A
Where numbers have been transporter in wrong order ex 86 instead of 68
revealed
9
Q
unequal posting
A
Both Debit and credit entry was entered incorrectly into ledger accounts
10
Q
A
