An overstatement in the value of closing stock overstates all of the following except:

Q. If the closing stock at the end of the year is overstated by Rs.7,500, the error cause an_______________________.

Q. Closing stock was overstated by Rs$9,000$ being casting error in the schedule of inventory. If this error located after preparation of final account then which of the following rectification entry is correct?

Q. Closing stock was overstated by Rs. 9,000 being casting error in the schedule of inventory, If this error located after preparation of final account then which of the following rectification entry is correct?

Q. The stock market crash of October 29, 1929, had all the following effects except: