11. If transaction is totally omitted from the books, it is called?
(a) Error of commission
(b) Error of principle
(c) Error of recording
(d) Error of omission
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Answered by
10
Answer:
(d) Error of omission
The errors of omission may be committed at the time of recording the transaction in the books of original entry or while posting to the ledger. There can be two types:
(i) error of complete omission
(ii) error of partial omission
When a transaction is completely omitted from recording in the books of original record, it is an error of complete omission. When the recording of transaction is partly omitted from the books, it is an error of partial omission.
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Answered by
3
Answer:
Error of omission
Explanation:
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