Ethan Hawk, a sole trader prepares financial statements to 30 November each year. In the year ended 30 November 2020 he reported a net profit of $ 125 400 and net assets of $ 355 500. Following a thorough investigation the following errors were discovered: Oct 30 Depreciation charge of $ 5,000 on machinery at a rate of 20% per annum on the straight line balance basis was not recorded in the depreciation expense account. The error has not yet been corrected. Bank interest received of $3 730 was recorded as bank interest paid. The error has not yet been corrected. A cheque for $7 800 received from a customer was incorrectly recorded in the cashbook and in the receivables account as $8 700. The error has not yet been corrected. Ethan corrected the errors. The error stated at Three (3) above can be described as an: 

a. Error of transposition 

b. Error of original entry 

c. Error of commission 

d. Error of principle

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