2.21 Rectify the following errors:
A return of goods worth Rs. 500 by a customer Neelima, was taken into stock but no
entry was passed in the books.
A credit purchases of goods worth Rs. 1,500 from Shivankar & Co. was not passed in
the books although the goods were taken into stock.
A return of goods worth Rs. 800 to Kanika was passed through the Sales returns
book.
v) A bill receivable of Rs. 2000 received from Shantanu was passed through the bills
payable book
Answers
Answer:
is this maths or what?
Explanation:
you need to check your head. cant you write the question properly
Journal :-Rectifying entries :
1. Sales return a/c. Dr. 500
To Neelima. 500
(goods return from Neelima we're not recorded)
2. Purchase a/c. Dr. 1500
To shivankar &Co. 1500
(Credit purchase from shivankar &co. were not recorded)
3. Kanika A/c. Dr. 1600
To Purchase return a/c. 800
To sales return a/c. 800
(goods return to Kanika were recorded in sales return)
4. B/R. a/c. Dr. 2000
B/P. a/c. Dr. 2000
To shantanu a/c. 4000
(B/R received from shantanu but recorded in B/P)