Question

Cash Purchases 12,000/- from Siddhant Traders was debited to Siddhant Trader Account
1. Rectify the following errors
1) Salary paid to Pravin was wrongly debited to his personal account 36,500/-
2)
3) Paid Rent 5,000 to landlord Shantilal was debited to his personal account.
4) Received interest 700 from Bank was wrongly credited to Bank Account.
5) Advertisement expenses 5,000/- paid to Time of India was debited to Time of India.​

Answer 1

Answer:

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