Correct the following errors in Mohan Lal’s Book:

(i) A payment of ₹ 5,000 for salaries (to Ram has been posted twice to the Salaries Account.

(ii) ₹ 750 received from Rajesh are entered on the debit side of the Cash Book. No posting was done in Rajesh’s Account.

(iii) The total of Bills Receivable Books of ₹ 8,500 has been posted to the credit of the Bills Receivable Account.

(iv) Sales Book was overcast by ₹ 3,000.

(v) Goods (Cost ₹ 2,000, Sales Price ₹ 2,500) distributed as samples among prospective customers were not recorded anywhere.

Anurag Pathak Changed status to publish October 26, 2023
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