please explain point c and also tell what was the wrong entry of point f .
I WILL MARK YOU THE BRAINLIEST.
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Answer:
c)sales. A/C Dr 130
To sales return A/C. 130
f)Bills receivable A/C. Dr
Bills payable A/C Dr. 1600
To suspense A/C. 1600
Explanation:
thanks please mark as brainlist
Answered by
1
Answer:
Explanation:
(C)
- Sales return a/c dr. 130
- Sales a/c dr. 130
To Suspense a/c cr. 260
(Goods returned by customer is treated as
sale , now rectified)
Reason:
Goods returned by customer is correctly posted to customer account
but it is treated as sale instead of sales return
---------------------
(F)
- Bills receivable a/c dr. 1,600
- Bills payable a/c dr. 1,600
To H a/c cr. 3,200
(bills receivable is recorded as bills payable , now rectified)
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