Types And Treatment Of Errors And Uses Of Suspense Account - Accountsprinciplesofaccounts Jamb Past Questions and Answers

Question 16 :

• JAMB 2015

A sales for N2,570 was recorded in the sales day book as N2750. The error committed was

A. Error of principle
B. Error of commission
C. Error of original entry
D. Compensating error

Question 17 :

• JAMB 2015

If rent account is debited instead of rate account, the error committed is that of;

A. Omission
B. Commission
C. Principle
D. Original entry

Question 18 :

• JAMB 2016

Badge Plc issued 450,000 ordeinary shares of 50k each at #1.50 per share
Application and allotment 45k
1st call 50k
2nd call 55k
Determine the amount received on final call.

A. #225,000
B. #236,250
C. #247,500
D. #202,500

Question 19 :

• JAMB 2018

which of the following affects the accuracy and authenticity of trial balance?

A. Error of ommission
B. Error of commission
C. Error of transposition
D. Error of original entry