Question
‘Goods sent on approval basis’ have been recorded as
‘Credit sales’. This is an example of:Solution
When "Goods sent on approval basis" are incorrectly recorded as "Credit sales," it is an example of an "Error of principle." This type of error occurs when a transaction is recorded in a way that violates accounting principles or concepts. In this case, it involves a misunderstanding or misapplication of the accounting principle related to recognizing revenue.
Orunodoi 2.0 is launched by which of the following states?
Which of the following is NOT a valid option in the 'Paragraph' setting window in MS-Word 2016?
Which of the following is NOT a hydroelectric power plant?
Different substances catch fire at different temperatures. The lowest temperature at which a substance catches fire is called its _________.
Name of the longest lake in India:
Find the odd one out
In the 7th Century AD, a new religion called Islam was born in _________.
Below are two chemical equations:
Zn (s) + CuSO₄ (aq) → ZnSO₄ (aq) + Cu (s)
Pb (s) + CuCl₂ (aq) → PbCl₂ (aq) + Cu (s)
Which animal image is there in World Wide Fund for Nature’s logo?
Kathakali is the dance of which state of India?
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