Question -
Answer -
Errors of commissionrefer to those errors that are committed when transactions are recorded withwrong amounts, wrong balancing, and wrong posting and/or wrongly carriedforwarded. The following examples will illustrate the process of understandingand rectification of such errors.
- Let us consider the first example. Sales made to Mr. Y of Rs10, 000 recorded as 1,000 from invoice.
In this case, Mr. Y’saccount has been debited with Rs 1,000 instead of Rs 10,000; hence, the errorof commission has taken place. A further debit of Rs 9,000, is required inorder to rectify this error of commission. The following entry will rectify it:
| Mr Y’s A/c | Dr. | 9,000 | |
| To Sales A/c | | | 9,000 |
| (Goods sold to Mr Y of Rs 10,000 was wrongly posted as Rs 1,000,now rectified) | | |
| | | | |
2. Sales returns fromManu for Rs. 1,500 was posted to his account as Rs. 1,000
In this case, Manu’saccount is credited with 1000 instead of 1,500, so the rectification entryshould be
Suspense A/c Dr. 500
To Manu’s A/c 500