Give any two example for errors of principle.

1.	Give any two example for errors of principle.
Answer» 1. Purchase of furniture from vishwantha Rs.10000 but it is wrongly entered in purchase book. 2. Sale of old machinery Rs. 1000 wrongly entered in to sales a/c.

Answer»

1. Purchase of furniture from vishwantha Rs.10000 but it is wrongly entered in purchase book.

2. Sale of old machinery Rs. 1000 wrongly entered in to sales a/c.

Discussion