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Multiple choice

Goods purchased from X for Rs. 10, 000 passed through the sales book. The error will result in

  1. in an error of omission

  2. will affect the trial balance

  3. will not affect the gross profit

  4. none of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

 The error will affect the Net Profit and not the Trial Balance. 

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