Question

When any particular transaction has not at all been entered in the journal or in the book of original entry, it cannot be posted into the ledger at all, such error are known as________________.

• A. Errors of partial omission
• B. Errors of complete omission
• C. Errors of principle
• D. Compensating errors

Answer 1

The correct option is B Errors of complete omission

When any particular transaction has not at all been entered in the journal or in the book of original entry, it cannot be posted into the ledger at all, such error are known as error of complete omission. An error of complete omission does not affect the agreement of trial balance this means a transaction is completely being omitted from being recorded.