Purchased furniture is recorded in purchase a/c is an example of :

Challenger App

Practices of Banking

No.1 PSC Learning App

★

★

★

★

★

1M+ Downloads

Purchased furniture is recorded in purchase a/c is an example of :

AErrors of principle

BCompensating errors

CDuplicating errors

DErrors of omission

Answer:

A. Errors of principle

Related Questions:

Which Accounting Standard deals with revenue recognition?

............. is a capital profit.

Medium term loans are given for a period of:

Bank overdraft is :

Based on ........... concept non-financial transactions are not recorded in account.