Sales of goods ₹ 6,000 to Madan were recorded as ₹ 600 in the Sales Book. Pass the rectifying entries for the following:
Pass the rectifying entries for the following:
(i) Sales of goods ₹ 6,000 to Madan were recorded as ₹ 600 in the Sales Book.
(ii) Credit purchase of good from Mohan amounting to ₹ 2,000 has been wrongly passed through the Sales Book.
(iii) Return of goods worth ₹ 500 by a customer was entered in ‘Purchases Return Book’.
(iv) Cheque of ₹ 400 received from Ranjan was dishonoured and debited to the Discount Account.
(v) Bill for ₹ 820 received from Ramesh for repair of machinery was entered in the Purchases Books as ₹ 720.
Anurag Pathak Changed status to publish October 1, 2023