Which of the following error is an error of principle?

A. 5,000 received from Sham credited to Ram A/c
B. 5,000 incurred on installation of new plant debited to travelling expenses A/c
C. 500 paid for wages debited to salary A/c
D. 500 being purchase of raw material debited to purchase A/c ` 50

Right Answer: 5,000 incurred on installation of new plant debited to travelling expenses A/c

February 22, 2018   Asghar Khan    Accounting  
Total 0 Votes:
0

Tell us how can we improve this Mcqs?

+ = Verify Human or Spambot ?

Pak Gk © 2021