If salary account is debited instead of stationary accoun...
If salary account is debited instead of stationary account, the error committed is that of?
Commission
Omission
Principle
Compensation
Correct answer is A
An error of principle is an accounting mistake in which an entry is recorded in the incorrect account.
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State Bank collected a note for A-Makura Company. This collection, not yet recorded in AL-Makura'...