Question

goods sold to suresh with 500but not recorded ni debtors account how it can rectified​

Answer 1

Answer:

Credit sales of Rs.5500 not recorded in sales day book resulted a short credit to sales account, hence the profit of the year has decreased by the same amount.  Its a complete omission of an accounting entry. 

If the same transaction is rectified in the subsequent year, this will be done through profit & loss adjustment account by crediting the amount of Rs.5500.