Rectify the following errors: Wages paid for the construction of office debited to the Wages Account ₹ 6,000.
Rectify the following errors:
(i) Wages paid for the construction of office debited to the Wages Account ₹ 6,000.
(ii) Machinery purchased for ₹ 65,000 was passed through the Purchases Book.
(iii) Old furniture sold for ₹ 2,000 passed through the Sales Book.
(iv) ₹ 2,000 paid to Mehta Bros. against acceptance were debited to Malhotra Bros. Account.
(v) Sales of ₹ 204 to Ram debited to his account as ₹ 402 and purchases of ₹ 1,012 from Shyam credited to his account as ₹ 1,210.
(vi) A bill of exchange (received from Hari) for ₹ 5,000 has been returned by the Bank, with whom it had been discounted,as dishonoured and had been credited to Bank Account and debited to Bills Receivable Account.
Anurag Pathak Changed status to publish October 26, 2023