Which of the following account(s) will be affected, while rectifying the error of carriage charges, paid for a new plant purchased mistakenly debited to carriage account?

Plant Account

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Carriage Account

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Both plant & carriage account

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Purchases account

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Solution

The correct option is C
Both plant & carriage account

To rectify the error, carriage account shall be credited and plant account shall be debited.

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Which of the following account(s) will be affected, while rectifying the error of carriage charges, paid for a new plant purchased mistakenly debited to carriage account?

The correct option is C Both plant & carriage account To rectify the error, carriage account shall be credited and plant account shall be debited.

The correct option is C
Both plant & carriage account

To rectify the error, carriage account shall be credited and plant account shall be debited.