500 paid to Suresh was debited to his personal account?
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Answer:
(i) Credit sales to suresh ₹ 5,000 were recorded as ₹ 500.
Explanation:
Journal
Date Particulars L.F. Debit Amount (Rs) Credit Amount (Rs)
i) suresh A/c Dr. 4,500
To Sales A/c
4,500
(Credit sales to suresh were recorded as Rs 500 instead of Rs 5,000)
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