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P2 C1 Rectification ofErrors — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C1 Rectification ofErrors1 Mark
Question
What is meant by error of omission
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Answer

When a transaction is totally omitted to be recorded in the journal or the subsidiary books or the ledger, such an error is known as an error of omission.

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