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Teaching Accountancy Accounting for Specific Business and Transactions Question Bank MCQ - Accounting for Specific Business and Transactions

  • question_answer
    Sale of old machinery is wrongly transferred to sales Account. Which type of error is this?

    A)                                  Error of Omission

    B)  Error of Principle               

    C)  Compensating Error          

    D)  Error of Commission          

    Correct Answer: B

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