Rectification of Errors-Test 3

Errors which effect one account can  be———–

Error of Commission arise when———–

The goods sold for Rs.900 but the amount was entered in the sales account as Rs.1080.On rectification ,suspense account will be———

Rs.25000 received form Aditi, is credited in the account of Prema. It is an error of ———

Wages paid for the erection of a machine debited to Wages A/C is an example of ———

A second hand machinery is purchased for Rs.10,000, the amount of Rs.1500 is spent on for installation.

The amount debited to machinery account  will be ———-

Suspense Account is a ———–

Sales of Rs.1540 to Mr.x was posted to his account as Rs.1450.To rectify the error, Rs.90 will be ———to ‘X’ account

A cheque for Rs.500 received from Yuvaraj&Co was dishonoured and debited to Discount account .Due to rectification of this error,net profit will——–

Sales to Mr.Z of Rs.3000 on credit was recorded twice in the sales book . The rectification entry is ———–

The beginning stock of the current year is overcasted by Rs.500 and closing stock is overcasted  by Rs.1200.Effect on profit————

Rectification in next financial year is done through ———-

A machine was purchased for Rs.3000 which was wrongly recorded in Purchase A/C.Due to this error——-

Error of commission do not allow———

When the total of trial balance is not reconciled,the account opened at this juncture is ———-

Which type of error occurs when credit sales is wrongly posted to  purchase day book———-

A purchase of computer was debited to office expenditure account . This is an error of ———–

What will be the effect when return inward is wrongly entered as return outward?

Total of sales book was understated by Rs.200. rectification entry will be———–

Sale of old furniture is erroneously entered in sales book. rectification  entry will be ————

Sale of old furniture is wrongly transferred to sales Account.Which type of error is this?

Sales for Rs.5000 was entered as purchase. The effect of this error will be —–

A cloth merchant purchased furniture and recorded in purchase day book.It is error of ———

A new machine was purchased for Rs.100,000 but the amount was wrongly posted to Furniture account as Rs.10,000 and cash received from debtor Rs.11,200 was

omitted to be posted to ledger. The difference in trial balance due to such error will be——-

An amount of Rs.8,765 paid to ‘M’ was debited to ‘N’s A/C.The rectification of the error will ———

Ram earned a profit of Rs.1,40,000 for the year 2008-09.But at the time of audit ,the auditor found that Ram purchased a scooter on 1-04-08 for Rs.20,000 and charged it as revenue expenses. The auditor advised him to rectify the error now and to charge depreciation @15% on scooter.The correct profit after rectification will be—-

‘A’ sold goods to ‘B’ on credit for Rs.15,000  but debited to ‘C’ instead of ‘B’.The entry would affect ————

Error relating to fundamental aspect of accounting is known as ———-

Goods purchased of Rs.100 from ‘N’ was not recorded at all. What will be its effect on  the trial balance?

Goods purchased from Keshav Rs.13,500 has been recorded as Rs.13,000 in purchase book. The error in this entry is——–