Business Studies, asked by sheoranprateek, 1 year ago

what is two sided errors

Answers

Answered by saurya81
0
two sided errors are those error which do not effect the agreement of trail balance. error of complete omission is the example of two sided error.
Answered by MiSSiLLuSioN
2
hlo there!!☺️

⏬⭐️ANSWER:⭐️⏬

Two-sided errors are those errors which do not affect the agreement of the trial balance. These errors occur in two or more accounts. Such errors are rectified by passing journal entries. Errors of complete omission, errors of principle and compensatory errors are examples of two-sided errors. For example, credit purchases from Rohan of Rs. 15,000 were not recorded in the purchase book. This is an error of complete omission because purchased account is not debited and Rohan's account is not credited.

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