Jornal entry for Rent paid for residential accommodation of the proprietor ₹1,400 was debited to Rent account as ₹1,000.
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Answer:
original entry
drawings a/c........ Dr 1400
To cash 1400
wrong entry
rent a/c..........Dr 1000
to cash 1000
rectification
drawings a/c 1400
to cash 400
to rent 1000
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