Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 6 - No. 36)
What is an error of omission?
An error where an entry is recorded on the wrong side of the ledger.
An error where a transaction is completely left out of the accounting records.
An error that affects the balance of the trial balance.
An error where the same amount is recorded on both debit and credit sides.
Explanation
It refers to an entry is left out.
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