Which one the following errors is an error of principle?
A. Debiting repairs account instead of furniture account.
B. Sale of Rs. 200 entered in the books as Rs. 2000.
C. Cash sale of Rs. 500 wrongly entered in sales book.
D. Purchase transaction entered in purchases return book.
Answer:A
Which one the following errors is an error of principle?
A. Debiting repairs account instead of furniture account. B. Sale of Rs. 200 entered in the books as Rs. 2000. C. Cash sale of Rs. 500 wrongly entered in sales book. D. Purchase transaction entered in purchases return book.