State one example of an error of commission
Answer: Purchase of goods for ₹5,000 entered in the purchase book as ₹500.
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heyo!!
Answer: Purchase of goods for ₹5,000 entered in the purchase book as ₹500.
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Explanation:
1.Wrong totalling of subsidiary books.
2.Posting incorrect amount in ledger accounts. 3.Incorrect totalling of ledger balances.
4.Posting at the wrong side of ledger accounts.
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