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Name some errors which are not disclosed by trial balance
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Answer Posted / catherine gill
some errors not disclose by a trial balance are
1, Error of commission - where the correct amount in the wrong
persons account.
2, Error of principle - the correct amount is entered in the
wrong type of account
3, Error of complete omission - where the transaction is
completely omitted from the books.
4, Error of original entry - where the item is entered, but
both the debit and credit entries are incorrect.
5, Complete reversal of entries - where the correct amount
is entered in the account but each item is shown on the
wrong side of each account.
6, Compensating errors - where two errors of equal amounts
but on opposite side cancel out each other
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