If rent account is debited instead of rate account, the e...
If rent account is debited instead of rate account, the error committed is that of;
Omission
Commission
Principle
Original entry
Correct answer is A
Error of omission: An error that occurs when action has not been taken or when something has been left out.
\(\begin{array}{c|c} & Baba & Tude\\ & N & N \\ \hline \text{Capital Accounts 1 Janu...
Patent and Trade mark are classified under ...
Which of the following errors will affect the agreement of the trial balance? ...
Interim dividend paid in a year is ...
What is the balance of the bank account shown above? ...
Trading Account of Umeh Enterprises for the year ended 31st December 2019 ...
The process of cost apportionment is carried out so that ...