An entry to Rs. 500 was wrongly posted to wages account instead of machinery account

An entry to Rs. 500 was wrongly posted to wages account instead of machinery account, as wages are to be
capitalized it is an error of–
(A) clerical error
(B) error of omission
(C) error of principle
(D) error of commission

Anurag Mishra Professor Asked on 9th July 2016 in Commerce.
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  • 1 Answer(s)

    Answer: (c) error of principle

    Anurag Mishra Professor Answered on 12th July 2016.
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