Q372
The following error will affect the Trial Balance
A.
Error of partial omission
AnswerB.
Error of principle
C.
Error of complete omission
D.
All of the above
Answer: Option A
Solution
Answer: Option A
Solution:
Error of partial omission will affect the Trial Balance. This error occurs when a transaction that should have been posted as a debit is posted as credit, for example, in a cash sale, sales are debited and cash is credited.