Error of principle arises when _______.

Errors not affecting the agreement of trial balance are _______.

The difference in trial balance is taken to _______.

A transaction not recorded at all is known as an error of _______.

Wages paid for installation of machinery wrongly debited to wages account is an error of _______.

Which of the following errors will not affect the trial balance?

Goods returned by Senguttuvan were taken into stock, but no entry was passed in the books. While rectifying this error, which of the following accounts should be debited?

A credit purchase of furniture from Athiyaman was debited to purchases account. Which of the following accounts should be debited while rectifying this error?

The total of purchases book was overcast. Which of the following accounts should be debited in the rectifying journal entry?

Which of the following errors will be rectified using suspense account?

What is meant by rectification of errors?

What is meant by error of principle?

What is meant by error of partial omission?

What is meant by error of complete omission?

What are compensating errors?

Give journal entries to rectify the following errors discovered after the preparation of trial balance:
(a) Purchases book was overcast by Rs.10,000.
(b) Repairs to furniture of Rs.500 was debited to furniture account.
(c) A credit sale of goods to Akilnilavan for Rs.456 was credited to his account as Rs.654.

The following errors were located before the preparation of the trial balance. Rectify them.
(a) Goods sold to Anand for Rs. 1,000 on credit was not entered in the sales book.
(b) An amount of Rs. 400 paid for repairs to the machinery stands wrongly posted to machinery account.
(c) Salaries Rs. 2,000 paid to Gandhiraj was wrongly debited to his personal account in the ledger.

The following errors were located before the preparation of the trial balance. Rectify them.
(a) Paid Rs. 500 to Angappan were wrongly debited to Angannan’s account.
(b) Sale of furniture for Rs. 750 was credited to sales account.
(c) Purchase of goods from Bagya for Rs. 2,100 was wrongly passed through sales book.
(d) Wages Rs. 1,000 paid on erection of machinery were debited to wages account.

The following errors were located after the preparation of the trial balance. Assume that there exists a suspense account. Rectify them.
(a) Sale of goods on credit to Arun for Rs. 152 posted to his account as Rs. 125.
(b) Bought goods from Lakshmi on credit for Rs. 550, credited to her account as Rs. 505.
(c) Purchase of furniture from Abirupa for Rs. 404 on credit was debited to furniture account as Rs. 440.
(d) Purchased machinery for cash Rs. 200 was not posted to machinery account.
(e) The total of purchases book Rs. 89 was carried forward as Rs. 98.

What are the errors not disclosed by a trial balance?

What are the errors disclosed by a trial balance?

Write a note on one-sided errors and two sided errors.

The following errors were located after the preparation of the trial balance. Rectify them.
(a) Paid Rs. 50 to Anitha was wrongly debited to Vanitha account.
(b) Sale of furniture for Rs. 500 was credited to sales account.
(c) Purchased goods from Natarajan on credit for Rs. 750 were wrongly passed through sales book.
(d) Wages Rs. 1,000 paid on erection of machinery was debited to wages account.

Pass journal entries to rectify the following errors located after the preparation of the trial balance. Assume that there exists a suspense account.
(a) The total of sales book was undercast by Rs. 2,000.
(b) The purchase of machinery for Rs. 3,000 was entered in the purchases book.
(c) A credit sale of goods for Rs. 450 to Mathi was posted in his account as Rs. 540.
(d) The purchases returns book was overcast by Rs. 200.
(e) The total of sales book Rs. 1,122 were wrongly posted in the ledger as Rs. 1,222.