Q.

Which of the following errors is an error of principle?

A. Total sales figure was taken as ` 19,373 instead of ` 19,733
B. A discount of ` 30 allowed to Mr. A was not recorded in the discount allowed account
C. Legal charges for acquisition of building for ` 500 was entered in the Legal Expenses Account
D. 1,000 received from Mr. X was posted to the credit of Mr. M
Answer» C. Legal charges for acquisition of building for ` 500 was entered in the Legal Expenses Account
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