Sale of goods for N500 to Eddy was not posted. This is an error of
Answer Details
The error in not posting the sale of goods for N500 to Eddy is an omission error. Omission error refers to a situation where a transaction is completely left out or not recorded in the accounting system. In this case, the sale to Eddy was not recorded at all, which makes it an omission error.
To correct this error, the transaction should be posted to the relevant account(s) and the accounting records should be updated accordingly.