Purchases of ₹ 20,000 was omitted to be recorded. Pass the Journal entries rectifying the following errors:
Pass the Journal entries rectifying the following errors:
(i) Purchases of ₹ 20,000 was omitted to be recorded.
(ii) Purchases of office furniture of ₹ 10,000 was recorded in Purchases Book.
(iii) Office Rent of ₹ 15,000 was debited to the Personal Account of the landlord.
(iv) Old machine sold for ₹ 7,000 was credited to Sales Account.
(v) Bill for ₹ 800 received from Mukesh for repair of machinery was entered in the Purchases Book a ₹ 700.
(vi) A purchase of goods from Nathan amounting to ₹ 5,000 had been entered through the Sales Book.
Anurag Pathak Changed status to publish October 1, 2023