If salary account is debited instead of stationary account, the error committed is that of?

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Accounts - Principles of Accounts JAMB 2010

If salary account is debited instead of stationary account, the error committed is that of?

  • commission checkmark
  • omission
  • principle
  • compensation

The correct answer is: A

Explanation

An error of principle is an accounting mistake in which an entry is recorded in the incorrect account

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