Practice - Identifying Errors
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Practice Questions
Test your understanding with targeted questions
What is an error of omission?
💡 Hint: Think about missing transactions.
Describe an error of commission.
💡 Hint: What happens if you write down the wrong number?
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is the first step in rectifying a journal entry error?
💡 Hint: Think about what should happen before making a new entry.
True or False: An error of commission refers to a transaction being completely omitted.
💡 Hint: Remember definitions of each error type!
1 more question available
Challenge Problems
Push your limits with advanced challenges
You discover that ₹1,500 was recorded as ₹15 in the journal. What is the correcting entry? Show your work.
💡 Hint: Remember the necessary steps of reversing before recording.
If you realize that a sale transaction of ₹10,000 was recorded in two different accounts, how will you correct this? Demonstrate the entries needed.
💡 Hint: Balance the accounts by creating a single accurate representation.
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Reference links
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