Google traders purchased an equipment for RO 7,800 on 14th July 2019 and it is debited to

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Google traders purchased an equipment for RO 7,800 on 14th July 2019 and it is debited to purchases account. Rectify this error and choose the correct entry from the following?

a. Equipment RO 7,800 Dr / Purchases RO 7,800 Cr

b. Purchases RO 7,800 Dr / Suspense a/c RO 7,800 Cr

c. Purchases RO 7,800 Dr / Equipment RO 7,800 Cr

d. Equipment RO 7,800 Dr / Suspense a/c RO 7,800 Cr

Related Book For answer-question

Fundamentals of Advanced Accounting

ISBN: 978-0077862237

6th edition

Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik

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Posted Date: Jun 04, 2022 04:04 AM

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Google traders purchased an equipment for RO 7,800 on 14th July 2019 and it is debited to

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Purchase of equipment incorrectly Debited to Purch... View the full answer

Fundamentals of Advanced Accounting

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