The error of omission is disclosed by the Trial Balance.
State whether the following statement are True or False with reason :
The error of omission is disclosed by the Trial Balance.
5 views
1 Answers
This statement is False.
The complete omission of a transaction will bot disclosed by a trial balance. Trial balance, balances will be agreed with such errors. So the omission of transaction or an error of omission will not be disclosed by Trial Balance.
5 views
Answered