If salary account is debited instead of stationery account, the error committed is that of?

Assessment: JAMB UTME - Principles of Accounts - 2010 Subject: Financial Accounting

Question 1 Report

If salary account is debited instead of stationery account, the error committed is that of?
Answer Details
The error committed is an error of commission. An error of commission occurs when an entry is made but it is made in the wrong account. In this case, the debit entry was made in the salary account instead of the stationery account. This means that the amount that was supposed to be debited to the stationery account was mistakenly debited to the salary account. This error can cause the financial statements to be inaccurate because it affects the balances of both accounts.
Read lesson note on Cashbook (JAMB)
Read lesson note on Principles Of Double Entry (JAMB)
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