Pass Journal entries to rectify the errors in the following cases: A purchases of goods from David amounting to ₹ 150 has been wrongly passed through the Sales Book
Pass Journal entries to rectify the errors in the following cases:
(i) A purchases of goods from David amounting to ₹ 150 has been wrongly passed through the Sales Book.
(ii) A credit sale of goods of ₹ 120 to Peter has been wrongly passed through the Purchases Book.
(iii) ₹ 200, salary paid to Cashier B. Naidu, stands wrongly debited to his Personal Account.
(iv) ₹ 100 received from Shaw & Co. have been wrongly entered as from Shah & Co.
(v) Ramesh’s Account was credited with ₹ 840 twice instead of once.
(vi) Goods (Cost ₹ 5,000; Sales Price ₹ 6,000) distributed as samples among prospective customers were not recorded.
Anurag Pathak Changed status to publish October 26, 2023