Question 3 Answer saved Marked out of 100 Flag question While checking sales bills with journal you have found that one sale bill amounting to OMR 15,000 is recorded as follows Dr. Cash 16,000 Cr. Sales OMR 16,000 Identify the effect of this error on income statement b. Profit will decrease by OMR 1.000 c. Profit will decrease by OMR 2,000 a. Profit will increase by OMR 1,000 d. Profit will increase by OMR 2,000 Which of the following is/are feature of corporate governance Question 4 Answer saved Marked out of 1.00 Flag question Non-universality Ambiguity None of these Accountability Question 5 Identify the source document for sales bills from the information given below. Quention 7 Not yet answered Marked out of 1.00 Flag question d. Goods received note a. Journal entries in the journal b. Sales account in the ledger c. Sales bill