a sum of rs.375 owned by ravi has been included in the list of sundry creditors
Answers
Suspense A/c
Dr.
10,000
To Purchases A/c
10,000
(Purchase book was overcastted by Rs 10,000, now rectified)
(ii)
Purchases Return A/c
Dr.
1,000
To Suspense A/c
1,000
(Purchase return book was overcastted by Rs 1,000, now rectified)
(iii)
Purchases Return A/c
Dr.
100
To Suspense A/c
100
(Purchase return book’s balance was carried forward in excess of Rs 100,
(iv)
Suspense A/c
Dr.
1,000
To Purchases A/c
1,000
(Purchase book’s balance was carried forward in excess of Rs 1,000, now rectified)
PLS MARK BRAINLIEST
Answer:
Ravi will be credited by 700rs.
Explanation:
Particulars Amount
Sundry Creditors -- Dr 375
Sundry Debtors -- Dr 375
To Ravi 750
Ravi will be credited by 700rs.
Amounts owing to external organisations as a result of deductions made from the faculty/staff, bimonthly, and awards payrolls, as well as associated University payments, are represented by various creditors.
Sundry Debts, sometimes known as various invoices, can be issued for a variety of reasons and in relation to a broad spectrum of services. If you have received an invoice, it might be in connection with a service you asked the Council to provide.
To learn more about sundry creditors, visit:
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