Question

right entry,wrong entry and rectified entry
​

Answer 1

Answer:

(ii). purchase return book in Over casted by ₹ 5,000

Answer 2

Answer:

Explanation:

---------------------------------------------------------

RECTIFIED JOURNAL ENTRIES

---------------------------------------------------------

Suspense a/c dr. 20,000

To Purchase a/c cr. 20,000

(purchase day book is over caste by

20,000 , now rectified)

---------------------------------------------------------

Return outwards a/c dr. 5,000

To Suspense a/c cr. 5,000

(purchase return day book is over cat

by 5,000 , now rectified)

---------------------------------------------------------

Return outwards a/c dr. 500

To Suspense a/c cr. 500

(purchase return day book is over cat

by 500 , now rectified)

---------------------------------------------------------

Suspense a/c dr. 1,000

To Purchase a/c cr. 1,000

(purchase day book is over caste by

1,000 , now rectified)

---------------------------------------------------------

Entry no: 1 & 2 compounded as follow

---------------------------------------------------------

Suspense a/c dr. 21,000

To Purchase a/c cr.21,000

---------------------------------------------------------

Return outwards a/c dr. 5,500

To Suspense a/c cr. 5,500

---------------------------------------------------------