A sales for N2,570 was recorded in the day book as N2,750. The error committed was

Answer Details

The error committed in this case is an error of original entry. An error of original entry occurs when a transaction is recorded with an incorrect amount in the day book or journal. In this case, the sales amount of N2,570 was incorrectly recorded as N2,750. This error could have been caused by a mistake in transcribing the amount from the source document, such as an invoice or receipt. An error of original entry does not get offset or compensated by any other error and will carry through to the ledger accounts and financial statements. Therefore, it is important to identify and correct this type of error as soon as possible to ensure accurate financial reporting. In summary, the error committed in this case is an error of original entry, which occurs when a transaction is recorded with an incorrect amount in the day book or journal.