Question

a sale of 2000 was made to mohan was correctly enter into sales book but wrongly posted to debit of sohan as 200. RECTIFY​

Answer 1

Explanation:

Date Particulars L.F Detbit

Amount

₹ Credit

Amount

₹

i. Mohan’s AccountDr. 7,000

To Sales A/c

(Credit Sales to Mohan, Error rectification recording, not recorded earlier) 7,000

ii. Purchases AccountDr. 9,000

To Rohan’s A/c

(Credit purchases from Rohan, Error rectification recording, not recorded earlier) 9,000

iii. Rakesh’sDr. 4,000

To Purchases Return A/c

(Purchases return to Rakesh, Error rectification recording, not recorded earlier) 4,000

iv. Sales Return A/cDr. 1,000

To Mahesh’s A/c

(Purchases return from Mahesh, Error rectification recording, not recorded earlier) 1,000