Question

Pass the Journal entries to rectify the following errors detected during preparation of the Trial Balance: Wages paid for construction of office building debited to Wages Account Rs

I. 20,000.

II. A credit sale of goods Rs 1,200 to Ramesh has been wrongly through the Purchases book passed

III. Goods purchased for Rs 5,000 were posted as Rs 500 to the Purchases Account​

Answer 1

Answer:

Building A/c dr.

To Wages A/c

Ramesh dr. 2400

To purchase 1200

To sales 1200

Purchase A/c dr. 4500

To Cash 4500