Question

4. Rectify the Following errors
1) Paid Rent 2,000/- to Nikhil has been debited to his personal account.
2) Total of the Sales Return Book is wrongly taken more by 200/-
3) Goods sold to Dhanraj 6,500/- on credit was not posted to his personal account.
4) Old Computer purchased was debited to Repairs account 8,000/-
5) Repairs to Furniture of 500/- has been debited to Furniture account.​

Answer 1

Answer:

1. Rent 2000

To nikhil 2000

2. Suspense 200

To sales return book 200

3. Dhanraj 6500

To suspense 6500

4. Old computer 8000

To repairs 8000

5. Repairs of furniture 500

To furniture 500

Explanation: