Rectify the following errors: Credit purchase from Varun ₹ 8,000 was recorded as ₹ 8,800.
Rectify the following errors:
(a) Credit purchase from Varun ₹ 8,000 was recorded as ₹ 8,800.
(b) Credit sale to Mohan ₹ 2,500 was recorded in Purchase Book.
(c) ₹ 30,000 spent on annual white-washing was debited to Building Account.
(d) Total of Sales Return Book was overcast by ₹ 500.
(e) Goods sold to Rajesh ₹ 7,000 was posted to Rakesh’s Account
(f) Furniture purchased for ₹ 10,000 wrongly debited to Purchase Account as ₹ 1,000.
Solution:-
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