Multiple choice

Which of the following is/are the reason of difference in trial balance?

  1. Error of omission

  2. Error of principle

  3. Compensating error

  4. Error of commission
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Error of commission affects the trial balance . Error of principle and omission , and compensatory errors does not affect the trial balance but error of commission does. Error of commission means putting wrong entry with wrong amount or in wrong account which adversly affects the balances of trial balances. 

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