Rectify the following journal entries : A. Goods costing Rs.650 were sent to a customer on sale or return basis for Rs.750. The entry was made in the sales book but the customer has not informed regarding their acceptance by 31st Dec.2004. B. Wages outstanding Rs.350 has not been taken into accont. C. In.Dec.2004, he spent Rs.500 on constructing a cycle shed , which had been wrongly debited to repairs account. D. Unexpired insurance Rs.200 had not been taken into account , while preparing profit and loss account. On 1st december 2004, Rams profit and loss account showed a net profit of Rs. 6720.
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B. outstanding wages a/c dr.
to wages
c furniture a/c dr.
to repair account
to wages
c furniture a/c dr.
to repair account
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