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If wages paid for installation of new ma...

If wages paid for installation of new machinery is debited to wages Account, it is:
1) An error of commission.
2) An error of principle
3) A compensating error.
4) An error of omission

A

An error of commission.

B

An error of principle

C

A compensating error.

D

An error of omission.

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Trial balance of Rahul did not agree. Rahul put the difference to suspense account. Subsequently, he located the following errors : (i) Wages paid for installation of Machinery 600 was posted to wages account. (ii) Repairs to Machinery 400 debited to Machinery account. (iii) Repairs paid for the overhauling of second hand machinery purchased 1,000 was debited to Repairs account. (iv) Own business material 8,000 and wages 2,000 were used for construction of building. No adjustment was made in the books. (v) Furniture purchased for 5,000 was posted to purchase account as 500. (vi) Old machinery sold to Karim at its book value of 2,000 was recorded through sales book. (vii) Total of sales returns book 3,000 was not posted to the ledger. Rectify the above errors and prepare suspense account to ascertain the original difference in trial balance.

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) Rs. 1,000 paid as installation charges of a new machine has been debited to Repairs Account. (iii) Goods costing Rs. 4,000 taken by the proprietor for personal use have been debited to Debtor's Account. (iv) Rs. 1,000 paid for repairs to building have been debited to Building Account.

Which of the following errors will affect the trial balance ? (i) The total of the sales books has not been posted to the sales account. (ii) Rs. 1,000 paid as installation charges of a new machine has been debited to Repairs account. (iii) Goods costing Rs. 4,000 taken by the proprietor for personal use have been debited to Debtors account. (iv) 1,000 paid for repairs to duilding have been debited to building account.