At the end of a financial period, the trading
profit and loss account of a sole trader
shows a profit of #180,000. it is however
discovered that revenue of #15,000 is
recorded as expenses while expenses of
#4,000 is recorded as revenue.
The revenue to be added as an adjustment is

A. #34,000
B. #30,000  
C. #15,000
D. #4,000

Show Answer Show Explanation

Correct Answer: B