Mr A who is a debtor is recorded in the account of Mr B who is-13368
Mr. A, who is a debtor, is recorded in the account of Mr. B, who is also a debtor. Now the classification is correct but entry is posted in the wrong account. Such errors are called
This multiple choice question (MCQ) is related to the book/course
vu mgt101 Financial Accounting.
It can also be found in
vu mgt101 Lecture No.28 - Quiz No.1.
Mr. A, who is a debtor, is recorded in the account of Mr. B, who is also a debtor. Now the classification is correct but entry is posted in the wrong account. Such errors are called
Error of Omission
Error of Commission
Error of Principle
Error of Original Entry
