Q
Which of the following error is an error of principle
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A
A. 5,000 received from sham credited to ram a/c
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B
B. 5,000 incurred on installation of new plant debited to travelling expenses a/c
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C
C. 500 paid for wages debited to salary a/c
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D
D. 500 being purchase of raw material debited to purchase a/c ` 50
Correct Answer:
B. B. 5,000 incurred on installation of new plant debited to travelling expenses a/c
