WAEC Accounting 2017 Objective — Question 7
Question 7 of 50 from the West African Examinations Council (WAEC) Accounting 2017 Objective paper, with the correct answer and a full explanation.
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A credit purchase of GH¢200 from P. Osae was posted to the account of P. Osei. This is an error of
- A. principle
- B. commissionCorrect
- C. omission
- D. original entry
Explanation
Error of commission is committed when an account is posted in the wrong nature of same category.
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