MP Board · Class 11 · Accountancy · Trial Balance and Rectification of ErrorsSalaries paid to Ram debited to Ram's personal account is an example of:
Step-by-Step Solution
This is an error of principle because a nominal account (Salary Account) has been treated as a personal account (Ram's Account), violating the rules of accounting.
Detailed Options Breakdown
Option : Error of omission
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Trial Balance and Rectification of Errors.
Option 1: Error of commission
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Trial Balance and Rectification of Errors.
Option 2: Error of principle (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 3: Compensating error
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Trial Balance and Rectification of Errors.
💡 Study Guide: This question tests core syllabus concepts from Trial Balance and Rectification of Errors. For formulas, key summaries, and mock exam reference guides, read the full Trial Balance and Rectification of Errors Revision Notes.