FINANCIAL ACCOUNTING_ERROR OF OMMISSION 5
Автор: MANIFESTED PUBLISHERS
Загружено: 2022-12-30
Просмотров: 191
Описание:
💼 Financial Accounting – Error of Omission 5 ✏️📚
In this Financial Accounting lesson, learn about the Error of Omission, specifically example 5, a common accounting mistake that occurs when a transaction is completely omitted from the books of accounts. Understand its effects on financial statements, trial balance, and how to detect and correct it.
💡 Key Topics Covered:
Definition and meaning of Error of Omission
Example 5 explained step-by-step
Effects on trial balance and financial statements
Methods to detect and correct errors of omission
Practical illustrations for better understanding
🎯 Who Should Watch:
Students studying Financial Accounting, Commerce, or Business Studies
Teachers preparing lessons on accounting errors and corrections
Anyone learning to maintain accurate accounting records
📘 Learn With Manifested Publishers:
We simplify accounting concepts using clear explanations, worked examples, and real-life scenarios, helping learners confidently identify and correct errors of omission.
💻 Visit: www.manifestedpublishers.com
📞 Call/WhatsApp: +254 724 173 845
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