Question

Rectify the following errors:
(i) Goods returned to Rai 3,000 recorded through Sales Books as 1.000.
(ii) Total of returns inward books 2,800 posted to Purchases A/c.
(111) Old machinery sold for 2,000 to Maneesh recorded through sales book as ? 1.800

and posted to credit of Maneesh as 1200
wing errors:​

Answer 1

Answer:

Rectified entries-

1. Rai A/c. Dr 2,000

Sales A/c. Dr. 1,000

To Purchase Return A/c. 3,000

2. Sales Return A/c. Dr 2,800

To Purchases A/c. 2,800