Question

A payment of rs75 for salaries (to mohan) has been posted twice to salary account rectify it​

Answer 1

Answer:

Correct the following errors in Mohan Lal’s Book: (i) A payment of Rs. 5,000 for salaries (to Mr. Ram) has been posted twice to the Salaries Account. (ii) Rs. 750 received from Rajesh are entered on the debit side of the Cash Book. No posting was done in Rajesh’s Account. (iii) Sales Book was overcast by Rs. 3,000. (iv) Goods (Cost Rs. 2,000, Sales Price Rs. 2,500) distributed as free simples among prospective customers were not recorded anywhere.