What type of accounting error has occurred when the same payment of 32 for office cleaning is

Question:

What type of accounting error has occurred when the same payment of £32 for office cleaning is recorded twice in the Cash account?

(a) Error of principle

(b) Entry error

(d) Error of duplication

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

See More Books

Question Posted: Aug 26, 2023 06:44 AM

See More Questions

What type of accounting error has occurred when the cost of redecorating office premises is posted to the Land and buildings account? (a) Entry error (b) Error of duplication (c) Error of principle...
What type of accounting error has occurred when payment for office stationery is posted to the Purchases account? (a) Error of duplication (b) Double-entry error (c) Entry of principle (d) Error of...
What type of accounting error has occurred when a payment of 1,570 for advertising was entered in the Cash account as 5,170? (a) Error of principle (b) Error of omission (c) Entry error (d) Error of...
Consider the following recursive function, which is related to a famous unsolved problem in number theory, known as the Collatz problem, or the 3n+1 problem: public static void collatz(int n) {...
A 400-lb weight is lifted 30.0 ft. (a) Using a system of one fixed and two movable pulleys, find the effort force and effort distance. (b) If an effort force of 65.0 N is applied through an effort...
A random sample of Florida tourists was asked a series of questions. Identify the type of data for each question. a. What is your favorite tourist destination in Florida? b. How many days do you...
Mara Ltd is an Australian company. The functional currency of Mara Ltd is A$. It has reporting periods ending on 31 December and 30 June. During the year ended 30 June 2024, Mara Ltd entered into...
R.D. Manufacturing Inc.'s joint cost of producing 1,000 units of Product A, 500 units of Product B, and 500 units of Product C is $20,000. The unit sales values of the three products at the split-off...
15 16 17 18 In 1987, an agreement was formulated by the United Nations Environment Programme (UNEP) to freeze the production of "X" to prevent depletion of "Y". "X" and "Y" respectively referred here...
What type of accounting error has occurred when ,4500 paid for purchases is not posted? (a) Double-entry error (b) Error of principle (c) Error of commission (d) Compensating error
Which of the following statements is incorrect? According to the rules of double-entry: (a) A debit entry increases the balance in assets and expenses accounts (b) A credit entry increases the...
Security Devices Inc. (SDI) needs additional office space to accommodate expansion. SDI wants to avoid additional debt in its balance sheet. Required: 1. What lease classification would management...
In a survey of 2000 adults, 18 years old and older, the following question was asked: Is your family income keeping pace with the cost of living? The results of the survey follow. (Enter your answers...
Consider why Wallerstein thinks it's important to analyze globalization in historical stages. What happens in the periphery and semi-periphery of a world system for core countries to develop? To help...
When a division has been recording a net loss, how will dropping the division affect net income?
Who would be the best market segment for the hat company to pursue if wanting to increase sales revenue?
What role did the leaders play in making the crisis either positive or negative?
A simple random sample of size n = 1460 is obtained from a population whose size is N = 1,500,000 and whose population proportion with a specied characteristic is p = 0.42. (a) Describe the sampling...
A woman at a point A on the shore of a circular lake with radius 2 mi wants to arrive at the point C diametrically opposite on the other side of the lake in the shortest possible A time. She can walk...
Miscellaneous transactions and adjusting entries Platinum Fields Limited (Platinum Fields) is a South African platinum producer. Platinum Fields applies IFRS, and reports its results in millions of...
Preparing the income statement and balance sheet using the accrual basis Bob Hansen opens a retail store on January 1, 2008. Hansen invests $50,000 for all of the common stock of the firm. The store...
Recording transactions in T-accounts and preparing a balance sheet Veronica Regaldo creates a new business in Mexico on January 1, 2008, to operate a retail store. Transactions of Regaldo Department...
1. Show the following 1-d inequalities hold for any u H(I), I = [0, 1]: ||u|||(1) |u||1(1) (Poincare's inequality) 1 ||U|||~ (1) == ||U||L (1) UH (1) (Sobolev's inequality) UL UL where |||| = (Su),...
1 1 1 Calculate the determinant of A 1 (1+a) (1+2a) 1 (1+a)2 (1+2a)2]
A blood particle has started at 13.0 cm [N] and has travelled to 27.3 cm [S]. What was its displacement in cm [S]? Round to the one (whole number). Do not enter the unit. Do not enter the direction.

What type of accounting error has occurred when the same payment of 32 for office cleaning is

Question:

Step by Step Answer:

d Er...View the full answer

Financial Accounting An Introduction

Students also viewed these Business questions