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What are the errors and the types of errors?
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Answer Posted / bhavya
Errors are the mistakes are committed in the accounting
process.There are 3 types of Errors. They are error of
principle and error of clerical.Error of clerical are
divided into three types , Error of Omission , Error of
commission and compensating errors. again Compensating
errors are divided into error are disclosed by trial
balance , error are not diclosed by trial balance.
| Is This Answer Correct ? | 5 Yes | 3 No |
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