Question

Following are some accounting errors. Rectify them by passing journal entries.

(i) Sales book is undercast by Rs.5,000

(ii) Sales return book is undercast by Rs. 500

(iii) Purchases book is overcast by Rs.10,000

(iv) Salary of Rs.5,000 paid to Rahul was not posted to Salaries account.

Answer 1

(I) suspense a/c
to sales a/c
(ii) sales return a/c
to suspense a/c
(iii) suspense
to purchase
(iv) salaries
to suspense

Answer 2

Suspense a/c. Dr.5000
To sales a/c. 5000

Sales return a/c. Dr. 500
To suspense a/c. 500

Suspense a/c. Dr. 10000
To purchase a/c. 10000

Salaries a/c. Dr. 5000
To suspense a/c. 5000
Hope this satisfies you....please mark it as the brainliest