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The following errors were detected in the books of Shreay Ltd. while preparing the final accounts:1. A Cheque received for Rs. 3,100 from Franc & Co. was dishonoured and debited to discount account2. The sales account has been totaled short by Rs. 23,0003. Goods of Rs. 1,200 returned by Kumar & Sons were included in stock but no entry was made in the books.After rectifying above mistakes, net profit willa)Increase by Rs. 24,900b)Decrease by Rs. 24,900c)Not changed)Increase by Rs. 23,700Correct 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
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the CA Foundation exam syllabus. Information about The following errors were detected in the books of Shreay Ltd. while preparing the final accounts:1. A Cheque received for Rs. 3,100 from Franc & Co. was dishonoured and debited to discount account2. The sales account has been totaled short by Rs. 23,0003. Goods of Rs. 1,200 returned by Kumar & Sons were included in stock but no entry was made in the books.After rectifying above mistakes, net profit willa)Increase by Rs. 24,900b)Decrease by Rs. 24,900c)Not changed)Increase by Rs. 23,700Correct 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 The following errors were detected in the books of Shreay Ltd. while preparing the final accounts:1. A Cheque received for Rs. 3,100 from Franc & Co. was dishonoured and debited to discount account2. The sales account has been totaled short by Rs. 23,0003. Goods of Rs. 1,200 returned by Kumar & Sons were included in stock but no entry was made in the books.After rectifying above mistakes, net profit willa)Increase by Rs. 24,900b)Decrease by Rs. 24,900c)Not changed)Increase by Rs. 23,700Correct answer is option 'A'. Can you explain this answer?.
Solutions for The following errors were detected in the books of Shreay Ltd. while preparing the final accounts:1. A Cheque received for Rs. 3,100 from Franc & Co. was dishonoured and debited to discount account2. The sales account has been totaled short by Rs. 23,0003. Goods of Rs. 1,200 returned by Kumar & Sons were included in stock but no entry was made in the books.After rectifying above mistakes, net profit willa)Increase by Rs. 24,900b)Decrease by Rs. 24,900c)Not changed)Increase by Rs. 23,700Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
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Here you can find the meaning of The following errors were detected in the books of Shreay Ltd. while preparing the final accounts:1. A Cheque received for Rs. 3,100 from Franc & Co. was dishonoured and debited to discount account2. The sales account has been totaled short by Rs. 23,0003. Goods of Rs. 1,200 returned by Kumar & Sons were included in stock but no entry was made in the books.After rectifying above mistakes, net profit willa)Increase by Rs. 24,900b)Decrease by Rs. 24,900c)Not changed)Increase by Rs. 23,700Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
The following errors were detected in the books of Shreay Ltd. while preparing the final accounts:1. A Cheque received for Rs. 3,100 from Franc & Co. was dishonoured and debited to discount account2. The sales account has been totaled short by Rs. 23,0003. Goods of Rs. 1,200 returned by Kumar & Sons were included in stock but no entry was made in the books.After rectifying above mistakes, net profit willa)Increase by Rs. 24,900b)Decrease by Rs. 24,900c)Not changed)Increase by Rs. 23,700Correct answer is option 'A'. Can you explain this answer?, a detailed solution for The following errors were detected in the books of Shreay Ltd. while preparing the final accounts:1. A Cheque received for Rs. 3,100 from Franc & Co. was dishonoured and debited to discount account2. The sales account has been totaled short by Rs. 23,0003. Goods of Rs. 1,200 returned by Kumar & Sons were included in stock but no entry was made in the books.After rectifying above mistakes, net profit willa)Increase by Rs. 24,900b)Decrease by Rs. 24,900c)Not changed)Increase by Rs. 23,700Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of The following errors were detected in the books of Shreay Ltd. while preparing the final accounts:1. A Cheque received for Rs. 3,100 from Franc & Co. was dishonoured and debited to discount account2. The sales account has been totaled short by Rs. 23,0003. Goods of Rs. 1,200 returned by Kumar & Sons were included in stock but no entry was made in the books.After rectifying above mistakes, net profit willa)Increase by Rs. 24,900b)Decrease by Rs. 24,900c)Not changed)Increase by Rs. 23,700Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice The following errors were detected in the books of Shreay Ltd. while preparing the final accounts:1. A Cheque received for Rs. 3,100 from Franc & Co. was dishonoured and debited to discount account2. The sales account has been totaled short by Rs. 23,0003. Goods of Rs. 1,200 returned by Kumar & Sons were included in stock but no entry was made in the books.After rectifying above mistakes, net profit willa)Increase by Rs. 24,900b)Decrease by Rs. 24,900c)Not changed)Increase by Rs. 23,700Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.