Question on: SS1 Accounting - Errors That Affect The Trial Balance

What is an error of omission in accounting that affects the trial balance?

View related lesson
A

Recording an incorrect amount for a transaction

B

Recording a transaction in the wrong accounting period

C

Completely leaving out a transaction from the accounting system

D

Recording a transaction twice

Ask EduPadi AI for a detailed answer
Correct Option: C

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses