Home » Accounts (Principles of Accounts) » When a transaction is completely left out from the books, it is an error ofWhen a transaction is completely left out from the books, it is an error of When a transaction is completely left out from the books, it is an error of A. commission B. omission C. principle D. compensation Correct Answer: Option B Explanation Related Posts Prepayment is treated in the balance sheet of firm as a An outright sale of a partnership amounts to the? A bond acknowledging a loan to a company under the company’s seal, bearing a fixed… If a 10% dividend is approved, what is the dividend payable to ordinary shareholders? Errors in the ledger can be corrected through Sai Baba made sales of N10,000 having computed his gross profit % to sales to…