. If depreciation is excess charged by Rs.500 andclosing stock is unde – McqOptions

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1.	. If depreciation is excess charged by Rs.500 andclosing stock is understated by Rs.500, the netprofit will be _____ due to these errors?
A.	Overstated by Rs.1000
B.	Understated by Rs.500
C.	Understated by Rs.1000
D.	No effect
Answer» D. No effect

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