The purchase of furniture, an asset to the company was de...
The purchase of furniture, an asset to the company was debited to purchases account. This is an error of
Omission
Original entry
Principle
Commission
Correct answer is C
No explanation has been provided for this answer.
Profit expressed as a proportion of cost price is ...
Which of the following is a credit item in an income and expenditure account? ...
Receipts and payments accounts is the summary of ...
Which of the following is added to the proprietor's capital? ...
Which of the following is a not revealed by a firm's accounting records? ...
Which of the following is a journal as well as an account? ...