Match the items from List-I with the items in List-II
List-I List-II
(A) Error of Principle (i) A purchase of Rs. 1000/- has not been
recorded
(B) Error of Commission (ii) Treating repair charges as addition to assets
(C) Error of Omission (iii) A sale of Rs. 563 was posted as Rs. 653
(D) Compensatory error (iv) Sales book is undercast by Rs1000/- and
return inward book is overcast by Rs1000
(v) Return inward book is undercast by
Rs1000/- and purchase book is
overcast by Rs.1000/-
A. | Code: (a) (b) (c) (d) (ii) (iii) (i) (iv) |
B. | Code: (a) (b) (c) (d) (ii) (iii) (iv) (v) |
C. | Code: (a) (b) (c) (d) (iv) (ii) (i) (iii) |
D. | Code: (a) (b) (c) (d) (ii) (iii) (i) (v) |
Answer : D Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |