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What will be the effect on Capital a/c after rectifying the following errors :(i) Purchase of a cycle for Rs. 3,000 was debited to conveyance A/c (fixed assets are depreciated at 10 %)(ii) Credit purchase of goods from X for Rs. 2,500 was wrongly entered in the sales book(iii) Cash received from Mr. A Rs. 1,500 was posted to the A/c of Mr. Ba)Debited with Rs. 2,300b)Credited with Rs. 2,300c)Debited with Rs. 2,700d)Credited with Rs. 3,800Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about What will be the effect on Capital a/c after rectifying the following errors :(i) Purchase of a cycle for Rs. 3,000 was debited to conveyance A/c (fixed assets are depreciated at 10 %)(ii) Credit purchase of goods from X for Rs. 2,500 was wrongly entered in the sales book(iii) Cash received from Mr. A Rs. 1,500 was posted to the A/c of Mr. Ba)Debited with Rs. 2,300b)Credited with Rs. 2,300c)Debited with Rs. 2,700d)Credited with Rs. 3,800Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What will be the effect on Capital a/c after rectifying the following errors :(i) Purchase of a cycle for Rs. 3,000 was debited to conveyance A/c (fixed assets are depreciated at 10 %)(ii) Credit purchase of goods from X for Rs. 2,500 was wrongly entered in the sales book(iii) Cash received from Mr. A Rs. 1,500 was posted to the A/c of Mr. Ba)Debited with Rs. 2,300b)Credited with Rs. 2,300c)Debited with Rs. 2,700d)Credited with Rs. 3,800Correct answer is option 'A'. Can you explain this answer?.

Solutions for What will be the effect on Capital a/c after rectifying the following errors :(i) Purchase of a cycle for Rs. 3,000 was debited to conveyance A/c (fixed assets are depreciated at 10 %)(ii) Credit purchase of goods from X for Rs. 2,500 was wrongly entered in the sales book(iii) Cash received from Mr. A Rs. 1,500 was posted to the A/c of Mr. Ba)Debited with Rs. 2,300b)Credited with Rs. 2,300c)Debited with Rs. 2,700d)Credited with Rs. 3,800Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of What will be the effect on Capital a/c after rectifying the following errors :(i) Purchase of a cycle for Rs. 3,000 was debited to conveyance A/c (fixed assets are depreciated at 10 %)(ii) Credit purchase of goods from X for Rs. 2,500 was wrongly entered in the sales book(iii) Cash received from Mr. A Rs. 1,500 was posted to the A/c of Mr. Ba)Debited with Rs. 2,300b)Credited with Rs. 2,300c)Debited with Rs. 2,700d)Credited with Rs. 3,800Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What will be the effect on Capital a/c after rectifying the following errors :(i) Purchase of a cycle for Rs. 3,000 was debited to conveyance A/c (fixed assets are depreciated at 10 %)(ii) Credit purchase of goods from X for Rs. 2,500 was wrongly entered in the sales book(iii) Cash received from Mr. A Rs. 1,500 was posted to the A/c of Mr. Ba)Debited with Rs. 2,300b)Credited with Rs. 2,300c)Debited with Rs. 2,700d)Credited with Rs. 3,800Correct answer is option 'A'. Can you explain this answer?, a detailed solution for What will be the effect on Capital a/c after rectifying the following errors :(i) Purchase of a cycle for Rs. 3,000 was debited to conveyance A/c (fixed assets are depreciated at 10 %)(ii) Credit purchase of goods from X for Rs. 2,500 was wrongly entered in the sales book(iii) Cash received from Mr. A Rs. 1,500 was posted to the A/c of Mr. Ba)Debited with Rs. 2,300b)Credited with Rs. 2,300c)Debited with Rs. 2,700d)Credited with Rs. 3,800Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of What will be the effect on Capital a/c after rectifying the following errors :(i) Purchase of a cycle for Rs. 3,000 was debited to conveyance A/c (fixed assets are depreciated at 10 %)(ii) Credit purchase of goods from X for Rs. 2,500 was wrongly entered in the sales book(iii) Cash received from Mr. A Rs. 1,500 was posted to the A/c of Mr. Ba)Debited with Rs. 2,300b)Credited with Rs. 2,300c)Debited with Rs. 2,700d)Credited with Rs. 3,800Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What will be the effect on Capital a/c after rectifying the following errors :(i) Purchase of a cycle for Rs. 3,000 was debited to conveyance A/c (fixed assets are depreciated at 10 %)(ii) Credit purchase of goods from X for Rs. 2,500 was wrongly entered in the sales book(iii) Cash received from Mr. A Rs. 1,500 was posted to the A/c of Mr. Ba)Debited with Rs. 2,300b)Credited with Rs. 2,300c)Debited with Rs. 2,700d)Credited with Rs. 3,800Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.