Question

3. Rectify the following errors. [10]

(i) Credit sales to Mohan ₹7,000 were not recorded.

(ii) Credit purchases from Rohan ₹9,000 were recorded as ₹900.

(iii) Goods returned to Rakesh ₹4,000 were recorded as ₹ 4,040.

(iv) Goods withdrawn by proprietor for personal use ₹1,000 were debited to sundry expenses account.

(v) Cash received from Kohli ₹2,000 was posted to Kapur’s account.

(vi) Cash paid to Babu ₹1,500 was posted to Sabu’s account.

(vii) Credit Sales to Mohan ₹ 7,000 were recorded in purchases book.

(viii) Credit Purchases from Rohan ₹ 9, 00 were recorded in sales book.

(ix) Purchases book overcast by ₹500.

(x) Sales return book overcast by ₹300.​

Answer 1

Explanation:

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