rectification of errors:-
Material value of ₹ 700 was used in the manufacture of some parts of machinery in the factory itself. No record was made.
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Hello!!
___________________________________
Type of error:- error of omissions
The entry of the given following error will be:-
Machinery account. Dr
To cash account.
(being machinery repaired, and repairs in machinery affect Machinery account, so it will be debited).
______________________________________
___________________________________
Type of error:- error of omissions
The entry of the given following error will be:-
Machinery account. Dr
To cash account.
(being machinery repaired, and repairs in machinery affect Machinery account, so it will be debited).
______________________________________
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