

MCQOPTIONS
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1. |
A purchase of 49,500 from Shiva was recorded in Purchases Book as 59,400, the profit would show |
A. | an increase of 9,900 |
B. | a decrease of 9,900 |
C. | an increase of 59,400 |
D. | neither an increase nor a decrease |
Answer» C. an increase of 59,400 | |