I n t e r a c t I v e t e X t foundations in Accountancy/ acca financial accounting (ffa/FA) bpp learning Media is an acca approved Content Provider

account as well as a journal entry. 

 EXAM FOCUS POINT 

The ACCA examining team has highlighted suspense accounts and errors as areas that students find 

particularly difficult. You need to use a methodical approach as highlighted in this chapter. 

BPP Tutor Toolkit Copy

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CHAPTER 16  

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  CORRECTION OF ERRORS 

 

277 

1.1 Errors of transposition 

An 

error of transposition

 is when two digits in a figure are accidentally recorded the wrong way round. 

 

For example, suppose that a sale is recorded in the sales account as $6,843, but it has been incorrectly 

recorded in the total receivables account as $6,483. The error is the transposition of the 4 and the 8.  

The consequence is that total debits will not be equal to total credits. You can often detect a 

transposition error by checking whether the difference between debits and credits can be divided exactly 

by 9. For example, $6,843 – $6,483 = $360; $360  9 = 40. 

1.2 Errors of omission 

An