alleryErrors that do not affect the agreement of the trial balance include:
Aonly carry-forward errors
Bonly addition errors
Cerrors of complete omission and errors of principle
Dall errors equally
Answer & Solution
Correct answer: C. errors of complete omission and errors of principle
Errors of complete omission and of principle don't unbalance the trial balance.
Keep practising Financial Statements of Sole Proprietorship
Browse all Financial Statements of Sole Proprietorship questions for AP Intermediate 1st Year, or explore more Accountancy topics.
Related questions
Machinery repairs of Rs 20,000 are wrongly added to the machinery cost. What happens to prProceeds from selling an old machine are treated as which kind of receipt?Heavy advertising spend likely to benefit several years is called what?Expenditure on the day-to-day conduct of business is known as what?Which type of expenditure increases the earning capacity of a business?Which expenditure normally benefits the business for more than one accounting year?Money spent to buy furniture for use in the business is classified as what?Payment of monthly salaries to staff is classified as which type of expenditure?