WAEC Book Keeping 2025 Objective — Question 30
Question 30 of 42 from the West African Examinations Council (WAEC) Book Keeping 2025 Objective paper, with the correct answer and a full explanation.
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A payment of N10,040 to a creditor entered in the books as N10,400 is an error of:
- A. Principle
- B. Omission
- C. Complete reversal
- D. Original entryCorrect
Explanation
When the wrong amount (though correctly classified) is entered in the books of original entry, it is called an error of original entry.
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