Question

9. Rectify the following transactions:
Purchase for Rs. 3,500 wrongly entered in the sales book although correctly
entered in the personal account of Ajay.
Sales of Rs. 52,000 wrongly Credited to Sharma's A/C as Rs. 50,000.
Sale of furniture of Rs. 54,000 wrongly credited to sales A/C as Rs. 45,000.
Goods returned by Raman for Rs. 12,000 wrongly debited to Taran as Rs.
24,000
Sales return of Rs. 5,200 debited to Gupta, who returned the goods. 3
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Answer 1

Explanation:

$\huge{\underline{\sf{\orange{Answer -}}}}$

$let \: the \: whole \: quantity \: = x$

$A/Q$

$5\% \: of \: x = 600 \\ \\ = > \frac{5 \times x}{100} = 600 \\ \\ \\= > 5 \times x = 600 \times 100 \\ \\ \\ \ \: = > x = \frac{600 \times 100}{5} \\ \\ \: \\ = > x = \frac{120 \times 100}{1} \: \\ \\ x = 12000$

Therefore, The whole quantity = 12000