Multiple choice

An entry of sales to customer for Rs. 5000 was posted in the sales book as Rs. 500.

  1. The credit side of trial balance will be overstated by Rs. 4, 500.

  2. The credit side of trial balance will be understated by Rs. 4, 500.

  3. The debit side of trial balance will be understated by Rs. 4, 500.

  4. There will be no difference in the trial balance.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

It is an error of commission. Such errors do not affect the totaling of trial balance.

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