Question

wo Sided Errors: Errors of Recording
as the necessary Journal entries to rectify the following errors:
Credit sale of 570 to Mohan was recorded as 750.
Credit sale of 850 to Sohan was recorded as sale to Mohan.
in Credit sale of 850 to Meenu was recorded as sale to Meena as 580.
(i) Credit sale of 850 to Ram was recorded in the Purchases Book.
(u) Credit sale of old machinery to Sohan for 1,700 was entered in the Sales Book as 37,100.
(vi) Bill Receivable for 5,000 accepted by Mahinder recorded as acceptance given to
Mahinder for 6,000.​

Answer 1

Answer:

it is answer of the account questions

Answer 2

Answer:

Rectification of errors is directed as the process of revising errors created in recording transactions.

Explanation:

Rectification of errors is directed as the process of revising errors created in recording transactions. These errors can happen while posting entries to ledger accounts, organizing accounts, carrying a balance forward, etc.

Each journal entry includes the data important to a single business transaction, including the date, the payment to be credited and debited, a brief explanation of the transaction, and the accounts affected.

The necessary journal entries are as follows,

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