Answer / lxmi1972

These are nothing but an error can happens in accounts for
which rectification need to be done to set right the
accounts.

Following are Types of Error can occur:

1.Error of commission
2.Error of omission
3.Compensating Errors
4.Casting errors.

Answer / samreen

These are the mistakes which to be happen while
accounting,hence the method of correcting the mistakes is
called as "Rectification of Errors"

Types of Errors:
1.Error of principels
2.Error of commossion
3.Error of omission
4.Error of casting
6.Error of posting
7.clerical errors
8.compensating errors

Answer / hussain

there are 4 types of errors in accounting

1 Error of principle
2 error of ommission
3 error of commission
4 compansating errors

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