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Criticisms of Alleviation Programmes

Which type of...

Question

Which type of error occurs when credit sale is wrongly posted to purchases book?

A

Error of commission

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B

Error of omission

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C

Compensatory error

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D

Error of principle

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Solution

The correct option is B Error of commission
When a transaction is posted wrongly then it is known as error of commission.

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Similar questions

Q. A purchase of Rs. 10,000 has been wrongly posted to the credit of sales Account but had been correctly entered in the Supplier's Account. This is an error of ______.

Q. A purchase of Rs. 10,000 has been wrongly posted to the credit of Purchase Account but had been correctly entered in the Supplier's Account. This is an error of ______.

Q. Rectify the following errors found in the books of Mr. Suhail by passing entries:
(i) One item of purchase of ₹ 250 has been posted from the purchases book to the ledger as ₹ 350.
(ii) Sales return of ₹ 2,000 from a party has not been posted to that account, through the party's account has been credited.
(iii) A cheque of ₹ 600 issued to the suppliers account (shown under Sundry Creditors) toward his dues had been wrongly debited to the purchases account.
(iv) Credit sale of ₹ 1,000 has been credited to the sales and also to the Sundry Debtor's Account.

Q. A credit sale of Rs. 870 was wrongly posted as 780 to the customer's account in the sales ledger. If this error located after preparation of final account then which of the following rectification entry is correct?

Q. A credit sale of Rs

870

was wrongly posted as

780

to the customer's account in the sales ledger. If this error located after preparation of final account then which of the following rectification entry is correct?

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Criticisms of Alleviation Programmes

Standard XII Economics

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