Home : Terms : Article : Calculators Advertising : Contact us
Home > Terms > Accounting > Error Of Principle

Term: Accounting -> Error of Principle
Term:

Error of Principle

Definition:

A double-entry term which means that one or both sides of a double-entry has been posted to the wrong account (which is also a different class of account). Example: Petrol expense posted to Fixtures and Fittings.

Related terms:

Bond

Opinion paragraph

Useful articles:
»How to Give a Walk and Talk Speech
»Create Connections for a Lifetime
»Finish Line Sales Success Habits
»Ten Ways To Develop A Powerful Staff


Capital gain
Marketing calc
Raising a Child


Browse by categories
Accounting
Advertising
Banking
Bankruptcy
E-Commerce
Economics
Finance
Law
Investment
Insurance
Marketing
Real estate
Statistic
Trade
Purchasing


ABCDEFGHIJKLMNOPQRSTUVWXYZ

Featured Articles:
Internet
I decided to write this article to show you a very powerful method how you can instantly BOOST the size of your opt in list. This method is very powerful yet not many people use it.

T... [ more... ]

E-commerce
Idea planning to come up with a moneymaking concept is much like creating a painting or writing a book. It starts with a blank canvas and visualization.

Brick by Brick

... [ more... ]
Time Management
You walk into your office and you're not sure which paper-covered object is your desk. Just last week you cleared all of the papers from your desk (and you were so proud!), and now it looks like a ... [ more... ]
  Disclaimer | Privacy | Terms of useCopyright © 2004-2005 E-terms.com