Examen
AQA Accounting questions & answers.
- Grado
- Institución
AQA Accounting questions & answers.
[Mostrar más]Vista previa 1 fuera de 2 páginas
Vista previa 1 fuera de 2 páginas
Añadir al carrito
Añadir al carrito
Vendedor
Seguir
Professorkaylee
Vista previa del contenido
AQA Accounting questions & answers.Comission ANS - Correct amount has been entered but in the wrong persons account.
e.g. if 2 customers have similar names
Omission ANS - Where the transactions has been completely omitted from the books
e.g. if goods were bought by a customer but transaction wasn't added in both sales and customers own
ledger. Trial balance would still agree
Principle ANS - When the item has been entered in the wrong class of account
e.g. the purchase of a fixed asset has been entered in the purchases account
Complete reversal of entries ANS - Where the correct amounts are used but each item is used on the
wrong side
e.g. if we paid a supplier but entered debit bank and credit supplier
Original Entry ANS - Where the original entry figure is incorrect yet double entry is still observed using
this incorrect figure.
e.g. where there was an error in addition on the sales invoice but the same total was posted to the sales
and personal account. Trial balance would agree but sales and debtor amounts would be incorrect.
Compensating ANS - Where errors cancel each other out
e.g. error in addition resulting in £10 too much in sales and another error in addition resulting in £10 too
much in purchases would then cancel each other out. Trial Balance would agree but individual accounts
would not.
Addition ANS - Error in addition in either the trial balance, ledger accounts or books of prime entry
Partial Omission ANS - Recording the credit entry but not the debit entry and vice versa
Los beneficios de comprar resúmenes en Stuvia estan en línea:
Garantiza la calidad de los comentarios
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Compra fácil y rápido
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Enfócate en lo más importante
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!
Preguntas frecuentes
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
100% de satisfacción garantizada: ¿Cómo funciona?
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Professorkaylee. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for $8.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
45,681 summaries were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now