Question

a cheque for ₹1000 received from manmohan was dishonored and had been posted to the debit of the sales return account
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Answer 1

Answer:

Correct Entry

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Ramesh A/c Dr 1000

To Bank A/c 1000

Wrong Entry

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SalesReturn A/c Dr 1000

To Bank A/c 1000

Rectify Entry

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Ramesh A/c Dr 1000

To SalesReturn A/c 1000