If incorrect entries on the debit side equal other incorr...
If incorrect entries on the debit side equal other incorrect entries on the credit side, the error is that of
Ordinary entry
Omission
Commission
Compensation
Principle
Correct answer is D
No explanation has been provided for this answer.
The accounting concept that supports the application of double entry book-keeping is the ...
The suspense account is used to correct book-keeping error where the ...
\(\begin{array}{c|c} & N \\ \hline sales & 45,000 \\ \text{Opening stock} & 20,000 \\ \t...
When a fixed asset is disposed off, the accounting entries to write off the asset are Debit ...
Which of the following is not a personal account? ...
Calculate the cash balance after the discount. ...
The primary classification of government expenditure is based on ...
A business is treated as being separated from owners. This statement is emphasized by ...