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Class 12 Accountancy Partnership Accounts - Basic Concepts AdjustmentsEasy

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If A was to be debited but was credited what type of correction effect is needed?

Answer and explanation

Correct answer: Debit double the amount

Wrong credit must be removed and correct debit must be made. Therefore the effect is debit of double the amount.

Related tags

Wrong Side Double Effect Debit Correction Adjustments Partnership Accounts Basic Concepts Accountancy Class 12 Mcq

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