Question

give rectifiying journal entry for the following error. sales return book is undercast by 10,000.​

Answer 1

suspense a/c dr 5000

to sales a/c 5000

(being the sales book undercast rectified)

2)sales returns a/c dr 500

to suspense a/c 500

(being sales book undercast rectified)

3)suspense a/c dr 10000

to purchases a/c 10000

(being purchases book overcast rectified)

4)Rahul a/c dr 5000

to salaries a/c 5000

(being salary paid to rahul)

$<marquee><font color="red">mark me BRANLIST</font>$