If a sum of 1,500 received from Laxman (debtor) has not been recorded in the books, the

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TuteeHUB · Accepted Answer

NA

TuteeHUB · Answer

Profit would show an increase of 1,500

TuteeHUB · Answer

Profit would show a decrease of 1,500

TuteeHUB · Answer

Assets would show a decrease of 1,500

TuteeHUB · Answer

None of the above

1.	If a sum of 1,500 received from Laxman (debtor) has not been recorded in the books, the
A.	Profit would show an increase of 1,500
B.	Profit would show a decrease of 1,500
C.	Assets would show a decrease of 1,500
D.	None of the above
Answer» E.

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