Purchase account is overcast by ₦200, while wages account is undercast by ₦200. This is?

A. an error of omission
B. a compensating error
C. an error of commission
D. an error of principal

Correct Answer: Option C

C. an error of commission

Explanation

Error of commission: is a mistake that consists of doing something wrong, such as including a wrong amount, or including an amount in the wrong place: When a transaction has been miss-recorded either wholly or partially