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The Trial Balance of a concern has agreed but the following mistakes were discovered after the preparation of Final Accounts. 6 (i) No adjustment entry was passed for an amount of ` 2,000 relating to outstanding rent. (ii) Purchase book was overcast by ` 1,000. (iii) ` 4,000 depreciation of Machinery has been omitted to be recorded in the book. (iv) ` 600 paid for purchase of stationary has been debited to Purchase A/c. (v) Sales books was overcast by ` 1,000. (vi) ` 5,000 received in respect of Book Debt had been credited to Sales A/cShow the effect of each one of above mentioned errors on the net profit of the year to which these errors pertain .If the net profit as per profit and loss accountis ₹322000 ,what is the correct profit arrived at after rectification of above errors? 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 The Trial Balance of a concern has agreed but the following mistakes were discovered after the preparation of Final Accounts. 6 (i) No adjustment entry was passed for an amount of ` 2,000 relating to outstanding rent. (ii) Purchase book was overcast by ` 1,000. (iii) ` 4,000 depreciation of Machinery has been omitted to be recorded in the book. (iv) ` 600 paid for purchase of stationary has been debited to Purchase A/c. (v) Sales books was overcast by ` 1,000. (vi) ` 5,000 received in respect of Book Debt had been credited to Sales A/cShow the effect of each one of above mentioned errors on the net profit of the year to which these errors pertain .If the net profit as per profit and loss accountis ₹322000 ,what is the correct profit arrived at after rectification of above errors? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The Trial Balance of a concern has agreed but the following mistakes were discovered after the preparation of Final Accounts. 6 (i) No adjustment entry was passed for an amount of ` 2,000 relating to outstanding rent. (ii) Purchase book was overcast by ` 1,000. (iii) ` 4,000 depreciation of Machinery has been omitted to be recorded in the book. (iv) ` 600 paid for purchase of stationary has been debited to Purchase A/c. (v) Sales books was overcast by ` 1,000. (vi) ` 5,000 received in respect of Book Debt had been credited to Sales A/cShow the effect of each one of above mentioned errors on the net profit of the year to which these errors pertain .If the net profit as per profit and loss accountis ₹322000 ,what is the correct profit arrived at after rectification of above errors?.

Solutions for The Trial Balance of a concern has agreed but the following mistakes were discovered after the preparation of Final Accounts. 6 (i) No adjustment entry was passed for an amount of ` 2,000 relating to outstanding rent. (ii) Purchase book was overcast by ` 1,000. (iii) ` 4,000 depreciation of Machinery has been omitted to be recorded in the book. (iv) ` 600 paid for purchase of stationary has been debited to Purchase A/c. (v) Sales books was overcast by ` 1,000. (vi) ` 5,000 received in respect of Book Debt had been credited to Sales A/cShow the effect of each one of above mentioned errors on the net profit of the year to which these errors pertain .If the net profit as per profit and loss accountis ₹322000 ,what is the correct profit arrived at after rectification of above errors? 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 The Trial Balance of a concern has agreed but the following mistakes were discovered after the preparation of Final Accounts. 6 (i) No adjustment entry was passed for an amount of ` 2,000 relating to outstanding rent. (ii) Purchase book was overcast by ` 1,000. (iii) ` 4,000 depreciation of Machinery has been omitted to be recorded in the book. (iv) ` 600 paid for purchase of stationary has been debited to Purchase A/c. (v) Sales books was overcast by ` 1,000. (vi) ` 5,000 received in respect of Book Debt had been credited to Sales A/cShow the effect of each one of above mentioned errors on the net profit of the year to which these errors pertain .If the net profit as per profit and loss accountis ₹322000 ,what is the correct profit arrived at after rectification of above errors? defined & explained in the simplest way possible. Besides giving the explanation of The Trial Balance of a concern has agreed but the following mistakes were discovered after the preparation of Final Accounts. 6 (i) No adjustment entry was passed for an amount of ` 2,000 relating to outstanding rent. (ii) Purchase book was overcast by ` 1,000. (iii) ` 4,000 depreciation of Machinery has been omitted to be recorded in the book. (iv) ` 600 paid for purchase of stationary has been debited to Purchase A/c. (v) Sales books was overcast by ` 1,000. (vi) ` 5,000 received in respect of Book Debt had been credited to Sales A/cShow the effect of each one of above mentioned errors on the net profit of the year to which these errors pertain .If the net profit as per profit and loss accountis ₹322000 ,what is the correct profit arrived at after rectification of above errors?, a detailed solution for The Trial Balance of a concern has agreed but the following mistakes were discovered after the preparation of Final Accounts. 6 (i) No adjustment entry was passed for an amount of ` 2,000 relating to outstanding rent. (ii) Purchase book was overcast by ` 1,000. (iii) ` 4,000 depreciation of Machinery has been omitted to be recorded in the book. (iv) ` 600 paid for purchase of stationary has been debited to Purchase A/c. (v) Sales books was overcast by ` 1,000. (vi) ` 5,000 received in respect of Book Debt had been credited to Sales A/cShow the effect of each one of above mentioned errors on the net profit of the year to which these errors pertain .If the net profit as per profit and loss accountis ₹322000 ,what is the correct profit arrived at after rectification of above errors? has been provided alongside types of The Trial Balance of a concern has agreed but the following mistakes were discovered after the preparation of Final Accounts. 6 (i) No adjustment entry was passed for an amount of ` 2,000 relating to outstanding rent. (ii) Purchase book was overcast by ` 1,000. (iii) ` 4,000 depreciation of Machinery has been omitted to be recorded in the book. (iv) ` 600 paid for purchase of stationary has been debited to Purchase A/c. (v) Sales books was overcast by ` 1,000. (vi) ` 5,000 received in respect of Book Debt had been credited to Sales A/cShow the effect of each one of above mentioned errors on the net profit of the year to which these errors pertain .If the net profit as per profit and loss accountis ₹322000 ,what is the correct profit arrived at after rectification of above errors? theory, EduRev gives you an ample number of questions to practice The Trial Balance of a concern has agreed but the following mistakes were discovered after the preparation of Final Accounts. 6 (i) No adjustment entry was passed for an amount of ` 2,000 relating to outstanding rent. (ii) Purchase book was overcast by ` 1,000. (iii) ` 4,000 depreciation of Machinery has been omitted to be recorded in the book. (iv) ` 600 paid for purchase of stationary has been debited to Purchase A/c. (v) Sales books was overcast by ` 1,000. (vi) ` 5,000 received in respect of Book Debt had been credited to Sales A/cShow the effect of each one of above mentioned errors on the net profit of the year to which these errors pertain .If the net profit as per profit and loss accountis ₹322000 ,what is the correct profit arrived at after rectification of above errors? tests, examples and also practice CA Foundation tests.