Goods bought from Sanmah for Le1,600 was entered into Sha...
Goods bought from Sanmah for Le1,600 was entered into Shamail's Account. This is an error of
Compensation
Commission
Original entry
Principle
Correct answer is B
No explanation has been provided for this answer.
An error of principle is made, if ...
Given: Net profit-----------------------N25,000 Cost of sale---------------------N25,000 Sales---...
Which of the following is recorded on the debit side of the Trial Balance? ...
The authorized capital of city entertainment company is made up of 200,000 212% prefere...
All cash transactions of a not-for-profit making organization are recorded in ...
The entries for cash drawn from the bank by a proprietor for the private use is: debit ...
The excess revenue over expenditure is charged to ...
Resources owned and controlled by a business are classified as ...