Accountancy, asked by likhithakulal41, 5 months ago

rectify the error credit sales to Mohan were recorded in purchase book what is the journal entry

Answers

Answered by nikhil8239
1

Answer:

Rectification will be done by debiting the correct account and Crediting the A/c which was wrongly debited. Machinery A/c is not debited hence its debit side is short by Rs. 10,000 whereas purchases A/c debited by mistake. Purchases A/c debit side is in excess by Rs.

Explanation:

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