Question

Match List I with List II and select the correct answer using the codes given below:

List I	List II
A. Error of Omission	1. Capital expenditure treated as revenue
B. Error of Commission	2. Goods sold but not entered in books
C. Error of Principle	3. A's A/c is debited by $Rs.500$, instead of $Rs.5000$

• A. $A=1,B=2,C=3$
• B. $A=2,B=3,C=1$
• C. $A=3,B=2,C=1$
• D. $A=2,B=1,C=3$

Answer 1

The correct option is B $A=2,B=3,C=1$

List I	List II
A. Error of Omission	2. Goods sold but not entered in books
B. Error of Commission	3. A's A/c is debited byRs.500Rs.500, instead ofRs.5000
C. Error of Principle	1. Capital expenditure treated as revenue