Question

Rectify the following error:
credit purchases from raghu ₹20000 were posted to the debit of raghu's account​

Answer 1

Answer:

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Answer 2

Answer:

Explanation:

SUSPENCE       A/C  DR  40,000

   TO RAGHU   A/C  CR                20,000

   TO RAGHU'S A/C CR                20,000

( CREDIT PURCHASE FROM RAGHU

WRONGLY POSTED TO THE DEBIT OF

 RAGHU A/C  HOW EVER PURCHASE A/C

IS CORRECTLY POSTED)