Subjects · Leaving Cert Accounting
Leaving Cert Accounting: Correction of errors
How often Correction of errors comes up on the Accounting papers, every year it was asked, and questions to try.
HL Asked on 10 of the last 10 Higher Level papers, most recently in 2026. banker
OL Asked on 3 of the last 10 Ordinary Level papers, most recently in 2026.
Quick ones on Correction of errors.
- Commission
- Original entry
- Principle
- Principle
- Commission
- Omission
- Complete reversal
- Commission
- Original entry
Show the answers
(a) Original entry
(b) Omission
(c) Complete reversal
Higher Level
Asked on 10 of the last 10 Higher Level papers, most recently in 2026. banker
Every paper, year by year
| Year | Where it came up |
|---|---|
| 2026 | Q1, Q7 |
| 2025 | Q1 |
| 2024 | Q1, Q7 |
| 2023 | Q1 |
| 2022 | Q1, Q3 |
| 2021 | Q1 |
| 2019 | Q1 |
| 2018 | Q1, Q7 |
| 2017 | Q1 |
| 2016 | Q1, Q6 |
Links open the State Examinations Commission’s paper for that year.
More Correction of errors questions
Correction of errors, 2 marks
Does an error of commission stop the trial balance agreeing?
- Yes — by the amount of the error
- Yes — by double the amount
- No — debits still equal credits
Show the answer
No — debits still equal credits
The right amount goes on the right side of the right type of account, just the wrong one (e.g. wrong customer), so the TB agrees.
Correction of errors, 2 marks
Correcting an error by debiting an extra €500 to an expense account makes net profit…
- Stay the same
- Fall by €500
- Rise by €500
Show the answer
Fall by €500
An extra €500 of expense means €500 more is deducted in the P&L, so net profit falls by €500.
Correction of errors, 2 marks
Errors are corrected through which book of first entry?
- General journal
- Sales day book
- Petty cash book
Show the answer
General journal
The journal records the double entry to correct each error, with a narration explaining what went wrong.
Ordinary Level
Asked on 3 of the last 10 Ordinary Level papers, most recently in 2026.
Every paper, year by year
| Year | Where it came up |
|---|---|
| 2026 | Q2 |
| 2025 | Not asked |
| 2024 | Not asked |
| 2023 | Not asked |
| 2022 | Not asked |
| 2021 | Q3 |
| 2019 | Not asked |
| 2018 | Not asked |
| 2017 | Q4 |
| 2016 | Not asked |
Links open the State Examinations Commission’s paper for that year.
More Correction of errors questions
Correction of errors, 2 marks
Sales were understated by €500. Correcting the error makes net profit…
- Fall by €500
- Stay the same
- Rise by €500
Show the answer
Rise by €500
Sales is income. Adding the missing €500 of sales increases gross and net profit by €500.
Correction of errors, 2 marks
A suspense account is opened when…
- The bank account is overdrawn
- The trial balance does not balance
- Net profit is too high
Show the answer
The trial balance does not balance
The difference in the trial balance is put in a suspense account until the errors are found and corrected.
Correction of errors, 2 marks
A new van is debited to the purchases account. This is an error of…
- Principle
- Omission
- Commission
Show the answer
Principle
A fixed asset was entered as a revenue expense (the wrong class of account). That is an error of principle.
Other Accounting topics
- Accruals and prepayments
- Bad debts and provisions
- Budgets
- Cash flow statements
- Depreciation
- Ratios — efficiency
- Ratios — interpretation
- Ratios — investment
- Ratios — liquidity
- Ratios — profitability
- Company final accounts
- Bank reconciliation
- Ratios — gearing
- Fixed asset disposal
- Control accounts
- Farm accounts
- Manufacturing accounts
- Marginal costing
- Overhead absorption
- Product costing
- Published accounts
- Cash budgets
- Club accounts
- Cost classification
- Final accounts
- Incomplete records
- Tabular statements
- Fixed asset revaluation
- Service firms
- Flexible budgets
- Stock valuation
- Trial balance
- Accounting concepts
- Capital and revenue expenditure
- Departmental accounts
- VAT