14.
credited
7 as 500
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
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Answer:
credit charge is 56 thousand
Explanation:
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