Question

Sale of goods of `20,000 was wrongly considered as sale of machinery. in final accounts

Answer 1

Answer:

This error will have double affect on trial balance as instead of credit to sales account, a debit is posted in purchase account. To rectify the error, following rectification entry need to be passed in books of account:

Santhanam A/c Dr. 2000

To Sales A/c 1000

To Purchase A/c 1000

please please mark my answer as brainliest answer.

and also follow me...✔️✔️

thx.... ❤❤❤❤❤