Question

Identify the type of error in following cases a) Sale of old typewriter for ₹6000 was treated as sales of goods. b) Cash received from rakesh ₹5130 was credited to Rajesh a/c. c) Goods purchased from preeti on credit not recorded in purchases book.​

Answer 1

Answer:

1)sale of old assert should be treated as sale of assert( error of principle)

2)cashA/c. Dr

to Rakesh A/c

no error

3)error of partial ommission eg.received cash from Raja recorded in cash A/c but not posted to Raja A/C2) SALE Of goods on credit to kavi recorded in sales book but not posted to kavi account

Hope it helps you