Home » Accounts (Principles of Accounts) » Purchase of goods of N2,000 was treated as sales and entered in the sales day…Purchase of goods of N2,000 was treated as sales and entered in the sales day… Purchase of goods of N2,000 was treated as sales and entered in the sales day book and had been carried through the account as such. This error of A. principle B. omission C. reversal of entries D. original entries Correct Answer: Option A Explanation Related Posts Recurrent expenditure of government is paid from The figure ₦1000 represent what in the balance sheet. The following accounting entries are made when bad debt is recovered which of the following factors has aided the development of accounting? As part of the initial investment, a partner contributes office equipment that originally cost N20,000… WHAT IS THE VALUE OF RAW MATERIALS ISSUED ON MAY 17TH BASED ON THE LIFO…
As part of the initial investment, a partner contributes office equipment that originally cost N20,000…
