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Identify the type of error described below.Description Type (i) Credit purchase of sh.78,000 was recorded as sh.87,000 in both purchases and creditors accounts. (ii) Sale of goods...

      

Identify the type of error described below.
Description Type
i) Credit purchase of sh.78,000 was recorded as sh.
87,000 in both purchases and creditors accounts.
ii) Sale of goods on credit to Ntari sh. 18,000 was
debited in Ntati’s account
iii) Payment of salary sh.13,500 was debtited in the cash
account and credited in the salary expense account.
iv) Repair of motor vehicle sh. 5000 was recorded in the
motor vehicle account.

  

Answers


gideon
- Error of original entry.
- Error of commission
- Complete reversal of entry.
- Error of principle.
gideon1 answered the question on October 1, 2017 at 05:54


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