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An Error of Principle Entry Would Occur If the Sale

Question 10

Multiple Choice

An error of principle entry would occur if the sale of goods was:


A) Credited to a non-current asset account
B) Entered correctly to the sales account, but entered in the customer's account using the incorrect amount
C) Debited to the sales account and credited to the customer's account
D) Debited and credited to the correct accounts using the incorrect amount in both instances.

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