Question

Return outward book was undercast by rs 2000

Answer 1

Return outwards is also called as "Purchase Returns".

According to the real account principle, Credit what goes out of the business.

Purchase returns shows a 'Credit Balance'.

So, when it under cast by Rs.2000, we should 'credit Returns outward A/C with Rs.2000'.

So, now the error is rectified and shows the correct account balance .

Answer 2

Answer:

Suspense A/C Dr. 2000

to return outward A/C. 2000