Accountancy, asked by arjoodey66666, 9 months ago

Give two examples of Errors of Commission.​

Answers

Answered by Anonymous
22

An error of commission occurs when an amount is entered right and in the correct account but the value is wrong–i.e. it's subtracted instead of added or vice versa. For example, a payment is applied to the wrong invoice. The amount owing by the client will still be correct in the trial balance, obscuring the mistake.

ItzDopeGirl

Answered by choudhuriananya1969
0

Explanation:

An error of commission occurs when an amount is entered right and in the correct account but the value is wrong–i.e. it's subtracted instead of added or vice versa. For example, a payment is applied to the wrong invoice. The amount owing by the client will still be correct in the trial balance, obscuring the mistake.

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