Problem on Rectification of Errors

Errors of Omission: Failing to record a transaction entirely (complete omission) or failing to record a part of it (partial omission). Errors of Commission: Incorrect recording, wrong casting (addition), wrong balancing, or incorrect posting of transactions. Errors of Principle: Violating fundamental accounting principles (e.g., treating a capital expenditure like purchasing machinery as a revenue expenditure like repairs). Compensating Errors: Two or more errors mutually cancel out each other's net effect on the trial balance. The three main stages of rectification are: Before Trial Balance After Trial Balance but Before Final Accounts After Final Accounts are Prepared