Start learning →

Recording a transaction in the wrong account or with a wrong amount is an:

Aerror of commission
Berror of omission
Ccompensating error
Derror of principle
Answer & Solution
Correct answer: A. error of commission
Wrong account/amount entries are errors of commission.
Practise this question with Quill — AP Intermediate 1st Year →

Keep practising Financial Statements of Sole Proprietorship

Browse all Financial Statements of Sole Proprietorship questions for AP Intermediate 1st Year, or explore more Accountancy topics.

Start a Financial Statements of Sole Proprietorship lesson →