Question

The following errors were committed by the Accountant of Geete Dye-Chem.

(i) Credit sale of ` 400 to Trivedi & Co. was posted to the credit of their account.

(ii) Purchase of ` 420 from Mantri & Co. passed through Sales Day Book as ` 240

How would you rectify the errors assuming that :

(a) they are detected before preparation of Trial Balance.

(b) they are detected after preparation of Trial Balance but before preparing Final

Accounts, the difference was taken to Suspense A/c.

(c) they are detected after preparing Final Accounts​

Answer 1

Answer:

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