O-LevelAccountingVerification of accounting records7707/13 · Oct/Nov 2024 · Q81 Mark

The totals of a trial balance agreed but it was found that the purchase of office equipment had been debited to office expenses account. Which type of error has been made?

Acommission

Bcompensating

Coriginal entry

Dprinciple

✓ Correct answer

D: principle

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Topic: Verification of accounting records, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2024 Paper 1 Variant 3, question 8.

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