Mr. Salman is an Accountant Assistant of a Merchandise company in Oman. The business received cash from Ms. Maya a customer of OMR 40,200 was posted to Ms. Raya a supplier account for OMR 40,200. The type of error was committed by Mr. Salman ? a. Error of Complete reversal b. Error of Compensation
Mr. Salman is an Accountant Assistant of a Merchandise company in Oman. The business received cash from Ms. Maya a customer of OMR 40,200 was posted to Ms. Raya a supplier account for OMR 40,200. The type of error was committed by Mr. Salman ? a. Error of Complete reversal b. Error of Compensation
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
22nd Edition
ISBN:9781305666160
Author:James A. Heintz, Robert W. Parry
Publisher:James A. Heintz, Robert W. Parry
Chapter4: Journalizing And Posting Transactions
Section: Chapter Questions
Problem 8SEB: FINDING AND CORRECTING ERRORS Mary Smith purchased 350 worth of office equipment on account. The...
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Mr. Salman is an Accountant Assistant of a Merchandise company in Oman. The business received cash from Ms. Maya a customer of OMR 40,200 was posted to Ms. Raya a supplier account for OMR 40,200. The type of error was committed by Mr. Salman ?
a.
Error of Complete reversal
b.
Error of Compensation
c.
Error of Transposition
d.
Error of Commission
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