Advertisements
Advertisements
प्रश्न
What is meant by the error of complete omission?
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
Errors not affecting the agreement of trial balance are ______.
Wages paid for installation of machinery wrongly debited to wages account is an error of ______.
What are compensating errors?
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?
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:
Which statement best summarizes the key differences between one-sided and two-sided accounting errors?
