Goods purchased for N92 was entered in the books as N29. ...
Goods purchased for N92 was entered in the books as N29. This is an error of
Compensation
Omission
Commission
Principle
Original entry
Correct answer is E
No explanation has been provided for this answer.
Accounting information seeks to provide ...
At the end of a financial period, the trading profit and loss account of a sole trader shows...
Which of the following is found on the credit side of a profit and loss account? ...
Cost classification in relation to charges is determined by the level of? ...
Receipts and Payment Account (Extract) &nbs...
The sum of money given to a petty cashier out of which small payments are made is a/an ...
Given: I. It records subscription in arrears II. Payments of liabilities is effected ...
Given: Stock at start: Raw materials................N57,000 Work-in-progress.............N42,000 ...