Question

Question 6.
Rectify the following errors:
(i) The Sales Book of December was added short by ₹ 500.
(ii) A periodical total of the Purchases Book was cast short by ₹ 5,000.
(iii) The total of Purchases Return Book has been undercast by ₹ 1,500.
(iv) The Sales Return Book is added ₹ 200 short.

Answer 1

Answer:

itna lamba question nahi padhna.....???????

Answer 2

The correct journal entries are -

1) Suspense A/c Dr. 500

To Sales A/c 500

( Being the sales book added short, now rectified)

2) Purchases A/c Dr. 5000

To Suspense A/c 5000

( Being the purchase book undercast, now rectified)

3) Suspense A/c Dr. 1500

To Purchase return A/c 1500

( Being the purchase return book undercast, now rectified)

4) Sales Return A/c Dr. 200

To Suspense A/c A/c 200

( Being the sales return book added short, now rectified)