Goods worth ₹5,000 sold to Ram were recorded in the books as ₹500. Thi…

Question

Goods worth ₹5,000 sold to Ram were recorded in the books as ₹500. This is an error of

Accepted Answer

B. commission

Recording a wrong amount (₹500 instead of ₹5,000) within the correct accounts is an error of commission.

Answer

omission

Answer

principle

Answer

compensating

Goods worth ₹5,000 sold to Ram were recorded in the books as ₹500. This is an error of