Question

State the account/s affected in each of the following errors:
goods purchased on credit from Saranya for 150 was posted to the debit side of her account.
(b) The total of purchases book
4,500 was posted twice.​

Answer 1

Answer:

a) Purchase a/c. Dr ₹150

To Saranya a/c. ₹150

(Being goods purchased on credit from saranya was posted to the debit side of her ac, now rectified)

b) Suspense a/c. Dr ₹4,500

To Purchase a/c. ₹4,500

(Being total of purchase book posted twice, now rectified)