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Complete the following sentence: Transactions recorded in contravention of the accounting principles are known as ______ - Book Keeping and Accountancy

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Question

Complete the following sentence:

Transactions recorded in contravention of the accounting principles are known as ______

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Solution

Transactions recorded in contravention of the accounting principles are known as Errors of Principle.

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Types of Errors-Errors of Principles
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Chapter 8: Rectification of Errors - Exercises [Page 268]

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Balbharati Book Keeping and Accountancy [English] 11 Standard Maharashtra State Board
Chapter 8 Rectification of Errors
Exercises | Q 6. 2) | Page 268
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