Answer / satyaki_raju@yahoo.com

Before going for preperation of financial statements we
have to get tallied the trial balance. The trial balance
proves the arthematical accuracy of the books of accounts.
Even though it is tallied therer are some possibilities of
errors which canot be detected by trial balance they are
1.Errors of principle
2.Compensating errors
3.Errors of commission
4.errors of ommission

Answer / venugopal redddy

Errors are of two types
1. Error of principal
2. Clerical Error
a. Compensating errors
b. Errors of commission
c. Errors of om mission

Answer / sowmya

B'COZ THERE ARE SOME ERRORS THAT HAVE DOUBLE FOLD EFFECT
&HENCE THEY GET COMPENSATED .THERE WUD B NO EFFECT ON THE
FINAL RESULT

Answer / anki

B'cos of compensating errors n errors of ommission as there
have double fold effect and have no effects on trial
balance respectively.

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