Accounting · Rectification of Errors
The failure to post a 7,000 rupees debit note (Purchase Return) to the Purchase Return Account, although it was correctly credited to the Creditor's Account, is an example of an:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Error of Complete Omission.
- 2Compensating Error.
- 3One-sided Error of Partial Omission.✓
- 4Error of Principle.
Correct answer
One-sided Error of Partial Omission.
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