AccountancyCLASS 11CBSE
answered 23 Jun 2026Raj Hans Traders paid Rs. 25,000 to Preetpal Traders, But while posting to the ledger, Preetpal’s account was debited with Rs. 2,500 only. Identify the kind of error of this case Error of commission Error of omission Error of principal Compensating error
A.VERIFIED ANSWERfact-checked by tutors
a) Error of Commission:- These are the errors which are committed due to the wrong posting of wrong transaction, wrong totaling or balancing of the accounts, wrong casting of the subsidiary books