Advertisements
Advertisements
Question
Error of principle arises when ______.
Options
There is complete omission of a transaction
There is partial omission of a transaction
Distinction is not made between capital and revenue items
There are wrong postings and wrong castings
MCQ
Advertisements
Solution
Error of principle arises when distinction is not made between capital and revenue items.
shaalaa.com
Is there an error in this question or solution?
