Question

10. The under mentioned errors were made by the counting house staff of a firm during
the year ended 30th June 1990.
(i) On 15th May 1990, a clerk of the firm was paid Rs. 600 for his arrears of salary
and discharged. This amount was debited to his personal account.
(ii) On 15th June 1990, goods of the value of Rs. 3,500 were returned by a customer
and were taken into stock, but the returns were not entered in the books.
On 10th April 1990, goods of the value of Rs. 750 were purchased for cash but
the amount was entered in the discount column of the cash book.
(iv)
On 18th February 1990, a contractor's bill for the extension of a godown
amounting to Rs. 2,500 was debited in the journal to repairs account and posted
to the account.
By means of what entries would you rectify the above errors?​

Answer 1

Answer:

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