Salary paid to Manager is debited to his personal account. This error is an error of ___ .

Principle

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Omission

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Commission

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None of the above

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Solution

The correct option is A
Principle

Since this is a disobey of accounting principles, this is an error of principle.

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Similar questions

Repairs of building is debited to Building A/c. This is an ___ .

Rs. 1,000 paid as rent to Krishna, the landlord, was debited to Krishan's personal account. This error is an:

List-I	List-II
I. Compensating errors	(a) Not recording a business transaction
II. Errors of omission	(b) Charging a Revenue item to capital
III. Errors of principle	(c) Writing a debit item on the credit side and a credit item on the debit side of equal amount
IV. Errors of commission	(d) Posting a correct amount to a wrong account

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