Question: 37. Identify the different types of errors: A cheque for $188 received from a customer had been correctly entered in the cash book but posted
37\. Identify the different types of errors:
- A cheque for $188 received from a customer had been correctly entered in the cash book but posted to the
customer's account as $180.
a\ Error of Principle
b\ Compensating error
c\ Compensating error
d\ Errors of original entry
e\ Error of Commission
f\ Transposition error
j\ Errors of original entry
h\ Errors of omission
- A purchase of fittings $407 had been included in the purchases account.
a\ Errors of original entry
b\ Compensating error
c\ Error of Commission
d\ Error of Principle
- $300 paid by a customer, Alaya, had been credited to Allas account in error
a\ Error of Principle
b\ Compensating error
c\ Compensating error
d\ Errors of original entry
e\ Error of Commission
f\ Transposition error
g\ Errors of original entry
h\ Errors of omission
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