Trial Balance and Rectification of Errors — Account STD 11 Commerce — Question
CBSE BoardEnglish MediumSTD 11 CommerceAccountTrial Balance and Rectification of Errors1 Mark
MCQ
Errors other than $......$ are called clerical errors.
✓
Errors of Principle
B
Partial Omission
C
Complete Omission
D
None of these
✓
Answer
Correct option: A.
Errors of Principle
Errors can be classified as:
Error of principle
Error of omission
Error of Commission
Compensating error
Error of principle is that when the basic rule of accounting is violated. In such case, there will be no difference in trial balance. This is an error of concept and not a clerical error. All other errors are classified as clerical error.
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