State whether the following statement are True or False with reason :

1.	State whether the following statement are True or False with reason :The error of omission is disclosed by the Trial Balance.
Answer» This statement is False. The complete omission of a transaction will bot disclosed by a trial balance. Trial balance, balances will be agreed with such errors. So the omission of transaction or an error of omission will not be disclosed by Trial Balance.

State whether the following statement are True or False with reason :The error of omission is disclosed by the Trial Balance.

Answer»

This statement is False.

The complete omission of a transaction will bot disclosed by a trial balance. Trial balance, balances will be agreed with such errors. So the omission of transaction or an error of omission will not be disclosed by Trial Balance.

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State whether the following statement are True or False with reason :The error of omission is disclosed by the Trial Balance.

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