Where a wrong figure occurs in only one account with the second figure correctly stated, this is an error of

Similar Questions

\(\begin{array}{c|c} & & ₦\\ \hline \text{Raw materials} & \text{stock 1/1/2000} &...

CR. DR. Sales ledger balance 9, 500 Sales ledger balance 420  Bought ledgers balance 6, 115&...

The procedure for utilizing the savings from one sub-head of expenditure to pay for another under th...

A ledger is a ...

Credit sales were debited to A. Akpan instead of B. Akpan. This is an error of ...

The depreciation method that allocates higher value to the use of an asset in its earlier years is ...

\(\begin{array}{c|c} & J. Chike & B. Balla \\ & N & N \\ \hline \text{Current Accoun...

When the purchase consideration is lower ttan the net asset, the buyer has gained the advantage of ...

The primary classification of government expenditure is based on ...

\(\begin{array}{c|c} & N \\ \hline \text{Opening stock:} & \\ \text{- raw materials} & 6,500 \\ \tex...