Give the Journal entries to rectify the following errors: Purchase book was overcasted by ₹ 1,000.
Give the Journal entries to rectify the following errors:
(i) Purchase book was overcasted by ₹ 1,000.
(ii) Installation charges on new machinery purchases ₹ 500 were debited to Sundry Expenses Account as ₹ 50.
(iii) Radhey Shyam returned goods worth ₹ 500 which was entered in the Purchases Return Book.
(iv) Goods taken by the proprietor for ₹ 5,000 have not been entered in the books at all.
Anurag Pathak Changed status to publish October 1, 2023
