An amount of Rs. 9,000 paid for repairs is entered in Repairs Account but is omitted from the Cash Account. Which type of error is this?
Correct answer: B. Error of commission
- A. Error of complete omission
- B. Error of commission
- C. Error of principle
- D. Compensating error
Explanation
The transaction is recorded, but one ledger account is not posted, which is an error of commission in this classification. It affects the trial balance because the debit has no matching credit, unlike complete omission where neither side is recorded.
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About Correction of Errors and Suspense Accounts
Accounting errors are corrected by journal entries after identifying whether the mistake affects one account or both sides of double entry. Suspense accounts temporarily hold an unexplained trial balance difference and must be cleared, while errors of omission, commission, principle, original entry and reversal require different corrections.
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