13) Balance of 5000 of Kaushik's account, a debtor, is left unrecorded in the trial balance. rectify the error and give a proper journal entry of these question
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Explanation:
A Trial Balance is a list of all the accounts maintained by the business.
If there is any error it might reflect and Trial Balance might not tally.
In case a correct journal is posted twice it might not reflect since the posting is done with the correct amount at the correct side.
In case a credit purchase is recorded as cash purchase, a creditor is not recorded but debit (Purchase) and credit side (Cash) show the amounts properly.
However, for a same journal if different amounts are recorded on the debit and credit sides, Trial Balance will not tally.
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