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प्रश्न
What is meant by the error of complete omission?
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उत्तर
It means the failure to record a transaction in the journal or subsidiary book or failure to post both the aspects in the ledger. This error affects two or more accounts.
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संबंधित प्रश्न
Errors not affecting the agreement of trial balance are ______.
What is meant by the error of principle?
What is meant by the error of partial omission?
What are compensating errors?
Write a note on the error of principle by giving an example.
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?
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?
An error that results from wrong posting, totalling, or balancing in the books is called:
