Q. Which of the following error is an error of principle (Solved)
1. 5,000 received from Sham credited to Ram A/c
2. 5,000 incurred on installation of new plant debited to travelling expenses A/c
3. 500 paid for wages debited to salary A/c
4. 500 being purchase of raw material debited to purchase A/c ` 50
- b. 5,000 incurred on installation of new plant debited to travelling expenses A/c