state the types of accounting error
Answers
Answered by
1
Explanation:
Accounting errors can include duplicating the same entry, or an account is recorded correctly but to the wrong customer or vendor. An error of omission involves no entry being recorded despite a transaction occurring for the period.
Answered by
1
Answer:
• Data entry errors
•Error of omissions
•Error of commission
•Error of transposition
•Compensating error
•Error of duplication
•Error of principle
•Error of entry reversal
Explanation:
hope it's help you...
Similar questions