Rs 1000 received from shah and co. Has been wrongly entered as from shah and co.
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Wrong Entry :
Shah and co. A/c...Dr 1000
To Cash A/c....... 1000
Reverse Entry :
Cash A/c.....Dr 1000
To Shah and co. 1000
Right Entry :
Cash A/c.....Dr 1000
To Shah and co. 1000
Hope it's Helpful for you..........
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