Advertisements
Advertisements
प्रश्न
What is meant by the error of partial omission?
Advertisements
उत्तर
When the accountant has failed to record a part of the transaction, it is known as an error of partial omission. This error usually occurs in posting. This error affects only one account.
APPEARS IN
संबंधित प्रश्न
Errors not affecting the agreement of trial balance are ______.
A transaction not recorded at all is known as an error of ______.
Wages paid for installation of machinery wrongly debited to wages account is an error of ______.
What is meant by the error of complete omission?
What are compensating errors?
State the account/s affected in the following error:
The total of purchases book ₹ 4,500 was posted twice.
What is the main impact of two-sided errors, such as errors of principle or compensating errors, on the trial balance?
If a transaction is completely missed in all books of accounts, which type of error is it?
An error that results from wrong posting, totalling, or balancing in the books is called:
Which statement best summarizes the key differences between one-sided and two-sided accounting errors?
