Explain briefly the errors of commission along with example.

Asked by Topperlearning User | 26th Jul, 2016, 01:33: PM

Expert Answer:

Errors of commission are committed because of wrong recording, wrong posting, wrong balancing and wrong casting of subsidiary books. Such errors affect the accuracy of the trial balance. For example, sales book totaled as Rs.1,000 instead of Rs.10,000 and furniture purchased for Rs.5,000 was recorded as Rs.500.

Answered by  | 26th Jul, 2016, 03:33: PM