Section A

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

Answer options:

A transposition error where a debit of $540 is recorded as $450, but the credit is recorded as $540.

An error of omission where a cash sale of $100 is completely unrecorded.

An error of commission where a payment to supplier A is debited to supplier B's account.

Recording a debit entry of $200 as a credit entry of $200.

How to approach this question

Identify errors that maintain the double-entry equation (Total Debits = Total Credits). Omission, commission, principle, original entry, and compensating errors do not affect the trial balance.

Full Answer

Errors that do not affect the trial balance include errors of omission (entire transaction left out), commission (wrong account, same class), principle (wrong class), original entry (wrong amount on both sides), and compensating errors. Transposition errors on one side only, or recording a debit as a credit, will cause the trial balance to disagree.

Common mistakes

Thinking that an error of commission unbalances the trial balance.

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Practice the full ACCA FA — Financial Accounting Practice Exam 5

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