Multiple choice

A sum of Rs. 2,500 paid to Rohan and Sohan's account is debited. It is an

  1. error of compensation

  2. error of commission

  3. error of principle

  4. error of omission

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

It is an error of compensation, since Sohan is being debited instead of Rohan. The net effect of this error on the debits and credits is nil.