Which TWO of the following errors would NOT cause the trial balance totals to disagree?

Answer options:

An error of omission where a $500 cash sale was completely unrecorded.

A transposition error where a $450 rent payment was recorded as $540 in the rent account but $450 in the cash book.

An error of principle where a $1,000 vehicle repair was debited to the motor vehicles asset account.

An extraction error where the $2,000 balance of the bank loan account was omitted from the trial balance.

How to approach this question

Identify errors where a debit and an equal credit were still made (or both were completely omitted).

Full Answer

A trial balance will still balance if an error maintains the equality of debits and credits. - Option A is an error of omission (no Dr, no Cr). - Option C is an error of principle (wrong class of account, but still a Debit). Options B and D result in unequal debits and credits, which will cause the trial balance to fail to agree.

Common mistakes

Confusing errors that affect the TB (like single-sided entries or extraction errors) with those that don't.

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Practice the full ACCA FA — Financial Accounting Practice Exam 3

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