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If rent account is debited instead of rate account, the error committed is that of;

Accounts - Principles of Accounts
JAMB 2015

If rent account is debited instead of rate account, the error committed is that of;

  • A. omission
  • B. commission
  • C. principle
  • D. original entry
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Correct Answer: Option A
Explanation

 error of omission: An error that occurs when action has not been taken or when something has been left out.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now