I
I= Rectify the following
following enrous :
Goods sold to Arun Rs.1,200 were posted to Varun
Rs 2.100.
2 Goods sold for Cash Rs. 1,500 to Ram were credited
to Ram Rs.500 instead of Sales Amount.
· Goods Returned by Ashok Rs. 1,400 were. Recorded
in sales Book and posted to cridet of Ashok.
o Goods Retwered by vijay Rs.1,000
were Debited to Ajay
Rs.100.
bought Goods from Sohan Rs. 3,000 was sucoaded in
Pusthases Book But posted there from to Debit
of Mohan Rs. 300
Answers
Answer:
answer 3728 is the answer
Here are the corrected entries:
Goods sold to Arun for Rs. 1,200 were posted to Varun for Rs. 2,100.
Entry should be:
Debit Arun's account: Rs. 1,200
Credit Sales account: Rs. 1,200
Goods sold for cash to Ram for Rs. 1,500 were credited to Ram for Rs. 500 instead of the sales amount.
Entry should be:
Debit Cash account: Rs. 1,500
Credit Sales account: Rs. 1,500
Goods returned by Ashok for Rs. 1,400 were recorded in sales book and posted to the credit of Ashok.
Entry should be:
Debit Sales Returns account: Rs. 1,400
Credit Ashok's account: Rs. 1,400
Goods returned by Vijay for Rs. 1,000 were debited to Ajay for Rs. 100.
Entry should be:
Debit Sales Returns account: Rs. 1,000
Credit Vijay's account: Rs. 1,000
Bought goods from Sohan for Rs. 3,000 was recorded in the Purchases book but posted there from to debit of Mohan for Rs. 300.
Entry should be:
Debit Purchases account: Rs. 3,000
Credit Sohan's account: Rs. 3,000
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