6
Question
Recording a transaction twice in the books of original entry is an error of _____________.
Recording a transaction twice in the books of original entry is an error of _____________.
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Solution
The correct option is B Duplication
Duplication refers to making a duplicate entry in the books of original entry. when a transaction is recorded twice in the books of original entry or subsidiary books, it is an error of Duplication. The error of principle refers to an error where the wrong principle of accounting is applied. Error of commission is an error of posting wrong amount. Error of omission refers to an error of completely omitting the transaction that is not recording it at all.Thus the correct answer is C.
Duplication refers to making a duplicate entry in the books of original entry. when a transaction is recorded twice in the books of original entry or subsidiary books, it is an error of Duplication. The error of principle refers to an error where the wrong principle of accounting is applied. Error of commission is an error of posting wrong amount. Error of omission refers to an error of completely omitting the transaction that is not recording it at all.
Thus the correct answer is C.
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