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Q. |
Sundry debtors as per Trial Balance is ` 43,000 which includes ` 2,200 due from ‗H‘ in respect of goods sent to him on approval basis, the cost price of which is ` 1,800. Rectification would involve: |
A. | Adding ` 2,200 to closing stock |
B. | Deducting ` 1,800 from closing stock and deducting ` 2,200 each from debtors and sales |
C. | Adding ` 1,800 to closing stock and deducting ` 2,200 each from debtors and sales |
D. | Deducting ` 1,800 from debtors |
Answer» C. Adding ` 1,800 to closing stock and deducting ` 2,200 each from debtors and sales |
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