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Question Practice

If machinery purchased is mistakenly recorded as an expense, what is it categorized as?

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MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Trial Balance and Rectificatio...
Question Bank

If machinery purchased is mist...

Single Answer MCQ
Q-00054185

If machinery purchased is mistakenly recorded as an expense, what is it categorized as?

1

Error of Omission

2

Error of Principle

3

Error of Commission

4

Rectification error

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