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A credit purchase of D 63 from Kofi has been entered in he accounts as...

Accounts - Principles of Accounts
WAEC 2024

A credit purchase of D 63 from Kofi has been entered in he accounts as D 16. This is an error of 

  • A. principle.
  • B. original entry.
  • C. complete reversal of entry.
  • D. omission.
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Correct Answer: Option B
Explanation

The error that involves changing the amounts totally at the point of entry is error of original entry.

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