MP Board · Class 11 · Accountancy · Trial Balance and Rectification of ErrorsPurchase of machinery on credit from X recorded in the Journal Proper as purchase of goods is an example of:
Step-by-Step Solution
This is an error of commission where a transaction is recorded in the wrong subsidiary book or account, but since it involves proper debit/credit logic at broad level, it may or may not affect the trial balance depending on ledger posting.
Detailed Options Breakdown
Option : Error of principle
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Trial Balance and Rectification of Errors.
Option 1: Error of commission (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: Error of omission
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Trial Balance and Rectification of Errors.
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.