Question

How do you find the error of omission?

Answer 1

At the point when a few transactions are totally omitted from the books of records or entered however not posted, they are treated as errors of omission.

When there are errors of omission, there would be neither a debit nor a credit section in the record. Hence, this will not affect the trial balance.

Also see:

• Difference Between Error of Omission and Error of Commission
• Errors of Omission