MCQOPTIONS
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| 1. |
Goods of Rs. 1,000 purchased from Mr. “A” were recorded in sales book. The rectification of this error will: |
| A. | Increase the gross profit |
| B. | Reduce the gross profit |
| C. | Have no effect on gross Profit |
| D. | None of the given options |
| Answer» C. Have no effect on gross Profit | |