Question: Identify the different types of errors: i. A payment by cheque to a creditor, $216, had been entered in the books as $261. A Done


Identify the different types of errors: i. A payment by cheque to a creditor, $216, had been entered in the books as $261. A Done T Error of original entry Transposition error Errors of omission Compensating error ii. Completely omitted from the books is a payment of Motor Expenses by cheque $37. C ^ Done Compensating error Error of original entry Error of omission Transposition error iii. A sale of $150 is made, but an error is made in calculating the sales invoice value as $130. The invoice is recorded in the books as $130 instead of $150. Done Transposition error Error of original entry Compensating error Error of omission
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