Accountancy, asked by salimmohd, 11 months ago

Cash sales 2000 were posted as 200

Answers

Answered by rajesh111kumar99
4

Please complete the question

Answered by Anonymous
2

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cash a/c debit

To sales

What we did is cash a/c debit

To commmision ( we credit it because it an income for us as we assume commission is being received and all incomes are to be credited) although this entry us wrong

So correct entry to rectify the error would be

Commission a/c debit ( debit what is wrongly credited )

To sales (credit what should be credited)

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