Question

The following errors affecting the accounts for the year 2017 were detected in the books of

Punjab Jewellers –

a) Sale of Old furniture for Rs. 20,000 was treated as sale of jewellery.

b) Jewellery worth Rs. 10,00,000 bought from Manmohan have remained unrecorded so far.

c) Purchase return of Rs. 2,50,000 to Sohanlal & Sons Co. was posted to their credit.

d) A sum of Rs. 1,200 paid towards cost of a second hand typewriter purchased has been

debited to repairs account.

e) Cash paid to Sanjeev & Co. Rs. 25,000 credited to their account.

f) Goods worth Rs. 50,000 used for the construction of equipment for business but no

adjustment entry was made.​

Answer 1

Answer:

sorry.....................