On scrutiny, an accountant found thati. Bad debts recovery ofnRs.500 w – McqOptions

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1.	On scrutiny, an accountant found thati. Bad debts recovery ofnRs.500 was credited to debtors A/c wrongly ii. Bank charges of Rs.50 was wrongly entered twice in Cash Book.iii. Purchase returns of Rs.100 was omitted to be entered in the book of A/c’s.What is the impact on profit afterrectification?
A.	Increase Rs.650
B.	Increase Rs.350
C.	Decrease Rs.650
D.	Decrease Rs.350
Answer» B. Increase Rs.350

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