This chart outlines, explains and give examples of the following errors that has no affect on the trial balance agreement:
- Error of Omission
- Error of Commission
- Error of Principle
- Error of Original Entry
- Complete reversal of entries
- Compensating errors
This resource also outline that each error would have on the suspense account.
This resources is suitable for the City and Guilds Level 2 Bookkeeping and Accounts examination as well as the BGCSE Bookkeeping and Accounts examination.
Something went wrong, please try again later.
This resource hasn't been reviewed yet
To ensure quality for our reviews, only customers who have downloaded this resource can review it
Report this resourceto let us know if it violates our terms and conditions.
Our customer service team will review your report and will be in touch.
£0.00