Question

7. Goods worth Rs.350 sold to Hari on credit were omitted from the accounts although cash received Subsequently from his stands posted to his credit.



rectifing journal entries with full explanation​

Answer 1

Explanation:

the goods were sold on credit so the journal entry would be purchase to hari ..then cash was received from him which was by mistake posted to his Credit that is the wrong journal entry was passed which is purchases to cash ..the rectified entry will be hari To cash