12. Give journal entries to rectify following errors. (1) Rs. 400 interest received from Ram was credited to his A/c. (11) Rs. 200 paid for wages has been debited to salary A/c. umolontries to rectify the following error
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Answer:
1) Ram A/C ...dr
to Interest A/C
2) wages a/c ...dr
to salaries a/c
Explanation:
correct entry
1) cash a/c ...dr
to Interest a/c
wrong entry
cash a/c..dr
to ram a/c
2) correct enty
wages a/c...dr
to cash a/c
wrong entry
salary a/c ....dr
to casha/c
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