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PRC-1 · Chapter 8 · Question 56 of 100

If goods worth Rs. 10,000 are entered as Rs. 1,000 in the Sales Journal, what type of error does this represent?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: A) Error of Original Entry

Explanation

When an incorrect figure is initially entered into a book of prime entry (like the Sales Journal) and subsequently posted, it is an error of original entry.

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