Accountancy, asked by guruprasath5, 4 months ago

Rectify the following errors:
(i) Purchase Book is carried forward Rs.350 less
(ii) Sales Book total is carried forward Rs.500 more.
(iii) A total of Rs.758 in the Purchases book has been carried forward asRs.857
(iv) The total of the sales book Rs. 755 on page 20 was carried forward to page 21 as Rs.557.
(v) Purchase Return Book was carried forward as Rs.5,120 instead of Rs.1520.​

Answers

Answered by SHIVRAMSINGLA
7

Explanation:

pls find ur answer as above

Attachments:
Answered by Chaitanya1696
3

1. When the purchase book is carried forward Rs. 350 less

  • we need to further debit the purchase book with Rs.350

2. When the sales book total is carried forward Rs.500 more

  • we need to debit the sales book account with Rs.500

3. When a total of Rs. 758 in the purchase book has been carried forward as Rs.857

  • we need to credit the purchase book with  Rs.99

4. When the sales book total of  Rs. 755 on Page 20 was carried forward to page 21 as 557

  • we need to credit sales with  Rs.198

5. When the Purchase Return Book was carried forward as Rs.5,120 instead of Rs.1520

  • we need to debit the purchase return book with the difference amount of Rs. 3,600
Similar questions