Credit purchase from Mohan Rs. 6,000 were posted to the debit of Rohan as Rs. 6,600. In rectifying entry Suspense A/c will be: (a) Dr by Rs. 600 (b) Cr. by Rs 600 (c) Dr. by Rs. 12,600 (d) Cr. by Rs. 12,600 (1)
Answers
Is the forthcoming Assembly election in post-1966 reorganised Punjab, its thirteenth, going to mark any significant deviation from the State’s long-term electoral trends and issues? For any discernible observer of Punjab politics, the trends have been as follows: presence of electoral regions, identity politics, competitive populism, ascendance of the State-level party and leadership, close contests, electoral volatility and pragmatic electoral alliances/coalition government. The issues that have remained with the State for over two decades include: ethnic peace, human security, endemic economic crisis in the post-Green Revolution phase, ecological crisis, institutionalised corruption and, more recently, an exodus of youth, drug menace, sacrilege, farm laws, among others.
Answer:
Explanation:
Mohan a/c dr. 6,000
Suspense a/c dr. 600
To Rohan a/c cr. 6,600
(Credit purchase from Mohan 6,000
were posted to the debit of Rohan as
6,600 , now rectified)
note: Suspense account is debited with 600