Accountancy, asked by sanjaysanjay59277, 6 months ago

what are error of principal?

Answers

Answered by Anonymous
103

Answer:

Errors of principle are often simply accounting entries recorded in the incorrect account. The amounts are often correct, unlike an error of original entry. Oftentimes, the error of principle is a procedural error, meaning that the value recorded is correct but the entries are made in the wrong accounts

Explanation:

i hope it helps u ☺️☺️

Similar questions