Two sided errors will not affect the:
Profit and loss account
Trial balance account
Ledger account
Balance sheet
When sale of goods is not recorded, it is:
An error in posting
Error of omission
Error of commission
Error of principle
If the trial balance agrees, it implies that:
There is no error in the books.
There may be two sided errors in the book.
There may be one sided errors in the book.
There may be both two sided and one sided errors in the books.
