Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 12 - No. 45)
Which of the following is an example of an error of original entry?
A purchase of equipment is recorded in the rent account
A transaction is completely omitted from the accounting records.
A transaction is recorded for the wrong amount in both the debit and credit sides.
A purchase is incorrectly recorded with the wrong journal entry.
Explanation
An error of original entry involves recording the transaction for the wrong amount.
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