Question on: WAEC Accounting - 2016
Which of the following errors will affect the agreement of the trial balance?
A
Error of original entry
B
Error of commission
C
Error of transposition
D
Error of omission
Ask EduPadi AI for a detailed answer
Correct Option: C
A transposition error is a simple error of data entry that occurs when two digits that are either individual or part of a larger sequence of numbers are accidentally reversed (transposed) when posting a transaction.
Add your answer
Please share this, thanks!
No responses