Give one word/term or phrase for each of the following statements :

(i) Transactions remained to be recorded at all in the books of account.

(ii) Errors are always rectified by passing rectification entries.

(iii) Errors that affect the debit and credit side unequally

(iv) Errors that affect the debit and credit side equally.

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1 Answers

(i) Errors of omission

(ii) Two-sided errors

(iii) One-sided errors

(iv) Two-sided errors

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