Question

Old furniture sold for Rs.3,000 was posted to Sales Account as Rs. 1,000 ( rectification of errors)

Answer 1

Answer:yes

Explanation:

Cash 1000

To old furniture 1000

You can either reverse the entry and make a fresh entry like below:

Cash 3000₹

To furniture 3000₹

or add 2000₹ to the sales account like below

Cash 2000₹

Furniture 2000₹

Finally make a clear description of the error.