Economics · Rectification of Errors
Given below are two statements: one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A): Errors of commission do not affect the trial balance. Reason (R): Errors of commission involve posting transactions to the wrong account of the same nature. Choose the correct answer from the options given below:
- 1A is false, but R is true✓
- 2A is true, but R is false
- 3Both A and R are true, but R is not the correct explanation of A
- 4Both A and R are true, and R is the correct explanation of A
Correct answer
A is false, but R is true
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