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प्रश्न
A transaction not recorded at all is known as an error of ______.
विकल्प
Principle
Complete omission
Partial omission
Duplication
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उत्तर
A transaction not recorded at all is known as an error of complete omission.
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संबंधित प्रश्न
What is meant by the error of principle?
Write a note on the error of principle by giving an example.
State the account/s affected in the following error:
The total of purchases book ₹ 4,500 was posted twice.
Which type of error affects only one side (debit or credit) of a single account and usually causes a difference in the trial balance?
Which kind of error happens when both a debit and an equivalent credit mistake occur, effectively cancelling each other out?
If a transaction is completely missed in all books of accounts, which type of error is it?
When a transaction is recorded in one book but not posted to the related account, which type of error does this represent?
Breaking accounting rules and misclassifying accounts is known as which type of error?
What is the correct method of rectifying two-sided errors once they are discovered?
Which statement best summarizes the key differences between one-sided and two-sided accounting errors?
