Describe Briefly Errors of Omission
AccountancyClass 11CBSEAnswered 23 Jun 2026
Answer
The errors of omission may be committed at the time of recording the transaction in the books of original entry or while posting to the ledger. There can be of two types:
- errors of complete omission
- errors of partial commission
When a transaction is completely omitted from recording in the books of original record, it is an error of complete omission.
Suggested Q&A
Accountancy · Class 11- AccountancyClass 11What is meant by Assets? Also explain its types.
- AccountancyClass 11Explain the following terms of Accounting: (a) Sales (b) Revenues (c) Profit (d) Gain (e) Loss (f) Discount (g) Drawings.
- AccountancyClass 11Describe the informational needs of external users.
- AccountancyClass 11Explain any five advantages of Accounting.
- AccountancyClass 11Explain any five limitations of Accounting.
- AccountancyClass 11Explain the following terms of Accounting: (a) Expenses (b) Expenditure (c) Debtors (d) Creditors (e) Voucher.