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Interest on drawings Rs 5000 was debited to appropriation account though it should have been credited. What is the effect on distributable profit?आहरण पर ब्याज रुपये ५००० को विनियोजन खाते में डेबिट कर दिया गया जबकि क्रेडिट होना था। बाँटने योग्य लाभ पर प्रभाव कितना होगा?
Answer and explanationउत्तर और व्याख्या
Correct answer:सही उत्तर: Understated by Rs 10000रुपये 10000 कम दिखेगा
Debiting a credit item gives double reverse effect. Therefore distributable profit is understated by Rs 10000.क्रेडिट मद को डेबिट करने से दोहरा उल्टा प्रभाव पड़ता है। इसलिए बाँटने योग्य लाभ रुपये १०००० कम दिखेगा।
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