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Purchases for #12,960 was recorded in the day book as #12,690. This is an error...

Book Keeping
WAEC 2024

Purchases for #12,960 was recorded in the day book as #12,690. This is an error of

  • A. Principle
  • B. Compensation
  • C. Complete reversal
  • D. Original entry
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Correct Answer: Option D
Explanation

This is an error of original entry because it was commited when the entry was made.

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