Question

Question from RECTIFICATION OF ERRORS CLASS 11



bought furniture from hari for 3000 has been passed through purchase book as rupees 300

Answer 1

entry should be passed,

furniture .Dr. 3000

To Hari 3000

wrong entry ,

purchase Dr. 300

to hari 300

here ,wrong is amount and purchase of furniture passed in purchase book. therefore, RECTIFIED ENTRY IS-

furniture Dr 5400

to purchase 2700

to hari 2700