Multiple choice

Which of the following is an example of a one-sided error?

  1. Undercasting of return inwards book by Rs. 340

  2. A cheque of Rs. 5,000 received from Rakesh has been credited to Rajesh's account.

  3. A sale of old furniture worth Rs. 2,780 has been credited to sales account.

  4. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

 It is an one-sided error. This is because only sales returns book or return inward book is affected by it. For example, if the total of return inwards book is Rs. 1,040 and it is written as Rs. 700 by mistake, only the return inwards book is affected by it. The Trial Balance would not tally.

Keep practicing — related questions