1.

` 5,000 paid as local cartage on material purchased. However this amount was booked under Miscellaneous Expenses A/c instead of on Carriage Inward. Due to this error net profit and loss will

A. Increase by ` 5,000 ;
B. Decrease by ` 5,000 ;
C. Increase by ` 10,000 ;
D. not be affected at all
Answer» E.


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