❌ ERRORS ❌
Errors Affecting Trial Balance
Errors Not Affecting Trial Balance
Transposition Error
One Sided Entries
Slide Error
Original Entry Error
Complete Reversal of Entries Error
Compensating Error
Principle Error
Commission Error
Omission Error
Transposition Error
Transposition of two digits of one amount. Ex. RM457 -> RM475
When a decimal slides from one place to another. Ex. RM209.13 -> RM2091.30
When entries are entered on either debit or credit only. Ex. Debit Supplies RM200 but no credit account of RM200
When a transaction is not recorded at all.
When a transaction is recorded on the wrong account of the same category.
When a transaction is recorded on the wrong category of accounts.
When a transaction is recorded with the wrong amount.
When a transaction recorded had the wrong amount but cancel each other out.
When a transaction is recorded on the right accounts but wrong sides on both accounts.
When transposition of numbers occur on both sides of accounts affected.
Combinations of multiple errors