Match the following:
(i) Errors which affect the one account are (a) Error of Omission
(b) Error of Commission
(c) Error of posting (1)
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Answer:
Errors which affect the one account are Error of Commission and Error of posting.
Explanation:
Error of Omission : Entry is completely omitted so both aspects are affected.
Error of Commission : Error is made in subsidiary books so there is only one account being affected
Error of posting : Posted to wrong account then only one account is affected.
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