i. Errors that affect the agreement of Trial Balance. ii. Taking the total more while closing books of accounts.

Give one word/term or phrase for each of the following statement:

i. Errors that affect the agreement of Trial Balance.

ii. Taking the total more while closing books of accounts.

iii. The error arises when a transaction is partially or completely omitted to be recorded in the books of accounts.

iv. Transactions recorded due to violating of the accounting principles.

v. Accounts to which difference in Trial Balance is transferred.

Monjur Alahi

5 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

i. One-sided errors

ii. Overcasting

iii. Error of omission

iv. Error of principle

v. Suspense account

5 views Answered 2023-02-05 15:29

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