Errors Flashcards by Matt Box

Q

Omission

A

No Entry

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Q

Reversal Of Entries

A

Right Accounts

Wrong Sides

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Q

Commission (mispost)

A

Right TYPE of Account

Wrong account

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Q

Principle

A

Wrong TYPE of Account

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Q

Original Entry

A

Wrong figures

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Q

Compensating

A

More than one error that cancels each other out

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