goods taken away buy the proprietor for personal use not recorded anywhere is an error of? option is 1 principal 2 commission 3 omission 4 compensation
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Answered by
12
hyyy mate....
thanks for the question...
ur ans is option 2. ommision...
hope it helps u
thanks for the question...
ur ans is option 2. ommision...
hope it helps u
monu941:
in cash bill of exchange the drawer is the ? option is 1 payee 2 endorsee 3 debtor 4 creditor
Answered by
0
It is an error of omission.
- It is an error that consists of failing to accomplish something that should have been done.
- It is also the failure to include a fact that should have been included, such as an amount or specific information.
- It occurs in accounting when a transaction, such as a paid invoice or a service sale, is forgotten in the books.
- A copywriter, for example, may acquire a new work laptop but fail to record the transaction in the books.
- Since, in the sentence, the proprietor didn't record the goods, thus its error of omission.
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