CA CPT June 2015 Question Paper Fundamentals of Accounting for online practice
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Question : 14 of 60
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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. B
(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. B
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