errors discovered after the trial balance

[clivesmith999]

A disagreement has arisen at my college as to whether the following is an error of principle or a mispost/error of commision:<BR><BR>'The proprietress had withdrawn £140 for private use during March that had been debited to the wages account' <BR><BR>I would be grateful for any comments, myself I think error of principle, but the class was equally split.<BR><BR>

[Smigger]

I think this should be an error of principle. An error of commission is where one or both sides of a double-entry has been posted to the wrong account (but is within the same class of account). Drawings and Expenses (Wages) are not the same class of account.

[Scotty]

I'm with Smigger on this one- it is an error of principle.<BR><BR>The entry has been posted to the wrong account. <BR><BR>A mis-post is when it goes to the wrong person's account, e.g. A.T. Hughes instead of A.J. Hughes.