Accounting Error Types
Flashcard
•
Business
•
11th Grade
•
Easy
az bz
Used 2+ times
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10 questions
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1.
FLASHCARD QUESTION
Front
Rent not recorded
Back
Error of Omission
2.
FLASHCARD QUESTION
Front
₹2,000 as ₹200
Back
Error of Commission
3.
FLASHCARD QUESTION
Front
Furniture as goods
Back
Error of Principle
4.
FLASHCARD QUESTION
Front
Sales & Purchases undercast ₹500
Back
Compensating Error
5.
FLASHCARD QUESTION
Front
₹1,000 as ₹10,000
Back
Error of Commission
6.
FLASHCARD QUESTION
Front
Correct journal, wrong account
Back
Error of Posting
7.
FLASHCARD QUESTION
Front
Purchases in Sales Book
Back
Error of Subsidiary Book
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