Question
8 When the correct accounts are used but each item is shown on the wrong side of the account is an example of: a Error
8\ When the correct accounts are used but each item is shown on the wrong side of the account is an example of:
a\ Error of Commission
b\ Error of original entry
c\ Error of principle
d\ Complete reversal of entries
9\ A credit sale of $1,200 is made on April 25, terms 2/EOM, n/30. The buyer gets a cash discount of 2% if he makes the settlement on or before:
a\ 25th June
b\ 15th June
c\ 1st May
d\ 30th June
10\ Correction of errors are recorded in the:
a\ Journal
b\ Cash Book
c\ Sales Day Book
d\ Sales Returns Day Book
Choose the correct answer, give me the question number and the answer code.
I hope that you will help me and solve all the questions.
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