A. Mistake in balancing an account
B. Omitting to record a transaction entirely in the subsidiary books
C. Recording of a wrong entry in the subsidiary books
D. Posting an entry on the correct side but in the wrong account
A. Trial balance
B. Cash book
C. Bank A/c
D. Cash as per cash book with bank balance as per bank pass book
A. The bad debt expense is not matched with the related sales
B. Revenue is overstated in the year of sales
C. It violates the matching principle of accounting
D. All of the above
A. Sales income account
B. Sales account
C. Return inward account
D. Expenses account
A. 5,80,000
B. 5,50,000
C. 5,00,000
D. 5,75,000
A. Credited to the Profit
A. Balance Sheet
B. Profit and Loss appropriation A/c
C. Manufacturing A/c
D. Trading and Profit and Loss A/c
A. Outstanding checks
B. Unpresented checks
C. Deposit in transit
D. Omission of Bank charges
A. Partnership
B. Sole proprietorship
C. Company
D. Non-profit organization
A. 37.50
B. 38.25
C. 24.00
D. 35.00
