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Which of the following errors will affect the Trial Balance? (i) The total of the Sales Book has not been posted to the Sales Account. (ii) ₹ 1,000 paid as installation charges of a new machine has been debited to Repairs Account.(iii) Goods costing ₹ 4,000 taken by the proprietor for personal use have been debited to Debtors’ Account.(iv) ₹ 1,000 paid for repairs to building have been debited to Building Account. |
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Answer» Which of the following errors will affect the Trial Balance? (i) The total of the Sales Book has not been posted to the Sales Account. (ii) ₹ 1,000 paid as installation charges of a new machine has been debited to Repairs Account. (iii) Goods costing ₹ 4,000 taken by the proprietor for personal use have been debited to Debtors’ Account. (iv) ₹ 1,000 paid for repairs to building have been debited to Building Account. |
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