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Which of the following errors are errors of commission? I. A cheque paid to Adam...

Accounts - Principles of Accounts
WAEC 2016

Which of the following errors are errors of commission?
I. A cheque paid to Adam debited to Adam's account.
II. Credit sales to Eva credited to sales account but debited to Eve's account.
III. Furniture repairs debited to furniture account.
IV. Credit purchases from Manu credited to Manu's account.

  • A. I and II
  • B. I and IV
  • C. II and IV
  • D. III and IV
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Correct Answer: Option A
Explanation

error of commission; mistake that consists of doing something wrong, such as including a wrong amount, or including an amount in the wrong place. Example; If we debit or credit an account, other than the correct account, but with the correct amount, the total debits and credits in the ledger will remain equal and hence the trial balance will not disclose the error.


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Post UTME Past Questions Agent
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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