Q. Which of the following error is an error of principle? (Solved)

1. 4,000 received from Sham credited to Shamu a/c

2. 5,000 incurred on installation of new plant debited to salary a/c

3. 6,000 paid for wages debited to salary a/c

4. 7,000 being purchase of raw material debited to purchase a/c

  • b. 5,000 incurred on installation of new plant debited to salary a/c
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