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P2 C1 Rectification ofErrors — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C1 Rectification ofErrors1 Mark
MCQ
An error arises because of debiting or crediting a wrong account with correct amounton the correct side is known as$……….$
  • A
    Errors of compensatory
  • B
    Errors of omission
  • ✓
    Errors of principle
  • D
    Errors of recording to a wrong A/c
✓

Answer

Correct option: C.
Errors of principle

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