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Commerce · Q2495

Accounting

Graduate and Post Graduate · Commerce · question 2495

Q2495

A sales of Rs. 2000 wrongly entered in the purchase book:

A.
decreases the gross profit by Rs. 2000
B.
increases the gross profit by Rs. 2000
C.
increases the gross profit by Rs. 4000
D.
none of these
Answer

Answer: Option D

Solution

Answer: Option D
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