AdmitMe
Accounts (Principles of Accounts) · The trial balance and errors

Accounts (Principles of Accounts)The trial balance and errorsJAMB

The wages account and the sales account were each overcast by ₦1,000. This is

Show answer

Answer: A. a compensating error

The two errors cancel out in the trial balance.

An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.

Practise The trial balance and errorsA timed set on this topic, freeAsk the AI TutorExplain it another way

Discussion

Ask about a step, share a shortcut, or explain it your way. Be kind; no links.

No comments yet. Be the first to explain it.

More The trial balance and errors questions