Question

Goods were sold to Jogi for Rs. 4,000 and to Yogi for Rs. 3,000. The transactions were recorded

properly in the Sales Book, but Rs. 3,000 was posted to Jogi, while Rs. 4,000 was posted to Yogi.

Identify the type of error

a. Compensating Error

c. Error of principle

b. Error of complete omission

d. Error of posting.​

Answer 1

Answer:

compensating error

I don't about it

I just try.

if this is wrong I really sorry

Answer 2

Answer:

The type of error is option d) Error of posting.

Explanation:

• Error of posting means when the wrong amount is mistakenly posted in the other account and the error is reflected in all the other accounts.
• In the question the amount of goods sold to Jogi for ₹ 4000 was wrongly posted in the account of Yogi and the goods sold to Yogi for ₹3000 were wrongly posted in the account of Jogi.