Rectify the following errors: (i) Credit sales to Mohan 7,000 were recorded as 7,200. (ii)
Question:
Rectify the following errors:
(i) Credit sales to Mohan ₹ 7,000 were recorded as ₹ 7,200.
(ii) Credit purchases from Rohan ₹ 9,000 were recorded as ₹ 9,900.
(iii) Goods returned to Rakesh ₹ 4,000 were recorded as ₹ 4,040.
(iv) Goods returned from Mahesh ₹ 1,000 were recorded as ₹1,600.
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i Credit sales to Mohan 7000 were recorded as 7200 Rectification Debit Mohans account by 200 and cre...View the full answer
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Related Book For
Accountancy Financial Accounting Part 1 Textbook For Class 11
ISBN: 9788174505071
1st Edition
Authors: NCERT
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