Wages paid for installation of machinery wrongly debited to wages account is an error of __________.

omission

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principle

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commission

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duplication

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Solution

The correct option is C principle
Errors are classified as:
Error of Omission
Error of Commission
Error of Principle
Compensating error

All the expenses paid for purchase of machinery should be debited to machinery account as its a capital expenditure. Hence, Wages paid for installation of machinery debited to wages account is an error of principle.

Suggest Corrections

Similar questions

Q. Select the most appropriate alternatives from those given below and rewrite the sentence.

Wages paid for installation of machinery wrongly debited to wages account is an error of ________.
a) omission
b) principle
c) commission
d) duplication

Q. Wages paid for installation of machinery, debited to ___________ account.

Q. Wages paid for installation of machinery debited to wages account. This is _______________.

Q. Rectify the following errors:-
1. ₹ 4,500 spent on the extension of Buildings were debited to Repairs A/c.
2. Wages paid to the firm's own workmen ₹ 3,600 for the installation of a new machinery were posted to Wages Account.
3. Contractor's bill for the construction of a godown at a cost of ₹ 10,000 has been charged to 'Repairs' A/c.
4. ₹ 1,500 paid as Wages to a worker 'Bahadur Singh', has been debited to his personal account.
5. Old furniture sold for ₹ 500 has been credited to Sales Account.
6. A cheque of ₹ 620 received from Ram, has been wrongly credited to Shyam.

Rectify the following errors:-

1) Purchase of Building was passed through purchases Book as Rs 65,000.
2) Wages paid for construction of building Rs 15,000 was wrongly debited to wages account.
3) Expense of installation of Machinery was debited to installation charges account Rs 55,000.
4) Brokerage paid Rs 600 for purchase of investment were debited to brokerage account.
5) Old Motor car purchased was debited to repairs account Rs 7,000.
6) Materials purchased for construction of Building was debited to purchases account Rs 9,000.

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