Question

Rectify the following errors
1 Purchase of furniture passed through Purchases book Rs 3000​

Answer 1

Answer:

furniture a/c dr. 3000

To purchases a/c 3000

Explanation:

earlier, in the books of account wrong entry was passed as

purchases a/c dr. 3000

To cash a/c 3000

so, now we need to rectify this mistake by crediting purchases and debiting furniture

furniture a/c dr. 3000

To purchases a/c 3000