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Explain Error of Commission with example. |
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Answer» Error of commission: Errors committed when transactions are incorrectly recorded are called error of commission. These are the errors caused by wrong posting, wrong totaling, wrong balancing, wrong carryforwards, etc. For example- if Rs. 290 received from Ram is credited to his account as Rs. 209, it is an error of commission, Error in posting as to the side of account – Rs. 300 received from Kumar is posted his Debit side. |
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