Question
What is the type of error and mention whether the errors will affect the balance of the Trial balance or not? 1. The accountant did
What is the type of error and mention whether the errors will affect the balance of the Trial balance or not?
1. The accountant did not record the purchase of a new machine in the journal entry.
2. The accountant recorded the purchase of goods from the supplier, Al-Noor Company, but the accountant did not post the two sides of the entry to the relevant accounts on the ledger.
3. The accountant has only posted the debit side of the sales entry to customer Mohammed, which was made on May 8, 2020.
4. Goods sold to Mr. Ali have been recorded twice in the primary books
5. Peters account which was to be debited for a 10000 was debited for a 1000 and similarly, Johns Account which was to be credited for a 10000 was credited by a 1000.
6. Wages paid on installation of Machinery wrongly debited to Wages Account
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