Accountancy, asked by nishajainjain549, 18 days ago

A credit item of $349 has been debited to a Personal account as $439

rectify the entry and show the correct, wrong and the rectify entries also

Answers

Answered by ananyasingh28042006

Answer:

Explanation:

Trial Balance of a shows an excess of debits over credits by Rs. 261. This difference is placed in a Suspense Account to facilitate books closure. Later on the following errors were discovered: (i) A credit item of Rs. 349 has been debited to a Personal Account as Rs. 439.

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