Mallam Gambo bought a freezer for his shop costing N10,500. In recording, he debited office…

Accounts - Principles of Accounts JAMB 1994

Mallam Gambo bought a freezer for his shop costing N10,500. In recording, he debited office expenses account and credited the bank account. What book-keeping error has he committed?

  • Error of commission
  • Error of reversal of entries
  • Error of principle checkmark
  • Compensating error

The correct answer is: C

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