Errors not shown by the trial balance
| Error | Meaning |
|---|---|
| Commission | Entry made in the wrong account, but the same class of account. |
| Principle | Entry made in the wrong account (wrong class of account). |
| Omission | A transaction is overlooked and not recorded at all. |
| Original entry | A mistake is made in the amount of both entries. |
| Complete reversal | The debit and credit entries are reversed. |
| Compensating | One error is cancelled out by another error of equal value. |
Suspense account
Suspense account — a temporary account used to balance the trial balance until the errors are found and corrected.