Error of Reversal - Occures when an account in a transaction are wrongly posted in the opposite side  , Compensating errors - Two equal and opposite errors make the trial balance remain in balance, Error of original entry - When a wrong amount is entered to the correct account in the correct side., Error of Principal - Occures when an entry is posted to the correct side of a wrong category, Error of Commission - An amount is entered on the correct side of the wrong account but to a correct category., Error of Ommission - Occures when a transaction is not recorded at all,

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