Question

errors of omission means

Answer 1

" Errors of omission "

The Transactions which are not recorded or forget to be recorded in the books are known as Errors of Omission.

For example:-
1. Goods worth Rs. 5,000 returned by a customer was not recorded in the books.

Return Inward A/c. Dr. 5,000
To Customers A/c. 5,000

(Being goods returned was not passed in the books, now recorded.)

2. Goods worth Rs. 3,000 sold to Anil was not recorded in the books.

Customers A/c. Dr. 3,000
To Sales A/c. 3,000

(Being goods sold was not passed in the books , now recorded.)

Hopes this helps you!