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P2 C1 Rectification ofErrors — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C1 Rectification ofErrors1 Mark
MCQ
An error detected and rectified after the final accounts are prepared will affect the profit- loss, if it affects $………$ and $…….$ types of accounts.
  • A
    Personal, Real
  • B
    Real, Nominal
  • ✓
    Goods, Nominal
  • D
    Personal, Nominal
✓

Answer

Correct option: C.
Goods, Nominal

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