Trial Balance T...

Which of the following is not a type of error.

These are the errors which are committed due to wrong posting of transactions, wrong totaling or balancing of the accounts

There can be of two types of error of omission

Which error occur due to incorrect classification of expenditure or receipt between capital and revenue?

When two or more errors are committed in such a way that the net effect of these errors on the debits and credits of accounts is nil, such errors are called

Which of the following is true relating to error of principle

Which of the following will affect the trial balance

The accountant tallies his trial balance by putting the difference on shorter side as

Balance of suspense account will be transferred to

Under casting of sales book is corrected by _____ sales account