Q107
Which of the following will affect the agreement of a trial balance?
A.
Complete omission of a transaction
B.
Partial omission of a transaction
AnswerC.
Error of principle
D.
Compensating errors
Answer: Option B
Solution
Answer: Option B
Solution:
Partial omission of a transaction will affect the agreement of a trial balance. When only one aspect of a transaction is posted to the ledger, it is called as error of partial omission.