Question

Sold to Saurabh RS 8000 (50% class and 50% discount) in journal​

Answer 1

Answer:

Z's A/c Dr. 5,500

To Purchase A/c 5,000

To Sales A/c 500

There are two error happened in this transaction.

Sales of Rs.500 recorded as Rs.5000 as purchases. Instead of debit of Rs.500 to Mr. Z. his account is credited with Rs.5000. Purchase account is wrongly debited by Rs.5000 and sales of Rs.500 is not recorded in the books.

Rectification entry will be as under:

Z's A/c Dr. 5500

To Purchase A/c 5000

To Sales A/c 500

Explanation:

hi friend

I hope this helps for you

solved as this method

plz Mark me as brainliest