Old furniture sold for 5400 had been posted as 4500 in sales account
Please journalise the wrong entry passed , only make wrong entry passed and then explain
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Answer:
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Explanation:
this is an error of original entry
this has been an undercast
5400-4500
= 900
you need to add this 900 to the sales account
hence debit suspense with 900
and credit sales with 900
you need to create a suspense since there has only been an error of amounts. and also the sales account needs to be added with the correct amount
hope this helps
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