Accountancy, asked by Illiyas, 1 year ago

Decribe the different types of errores with suitable examples



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Answered by manas219
0

Types of errors include :

errors of omission : a transaction that is not recorded ... one example of an errors of omission is subtracting a figure that should have been added .

errors of principle: a transaction that is not accodance with generally (GAAM)

I hope my answer is helpful

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