3.3b The Double Entry Model Flashcards
1
Q
List the errors detected by the trial balance
A
- Transposition error
- Addition Error (casting error)
- Partial Omission
- Unequal Posting
- Posting errror
2
Q
what is a transposition error and how is it detected
A
incorrect number put in
- trial balance wont balance
3
Q
what is an addition error (casting error) and how is it detected
A
where the totals are miscalculated
- not an equal debit for credit
4
Q
what is a partial omission error and how is it detected
A
only a part of the transaction is recorded at all
- not an equal debit for credit
5
Q
what is unequal posting error and how is it detected
A
when the debit side doesn’t add up to the credit side of the balance
6
Q
what is posting error and how is it detected
A
when part of the transaction is recorded in the wrong side of the account
