While carrying forward the total of one page of the Purchases Book to the next, the...
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While carrying forward the total of one page of the Purchases Book to the next, the amount of Rs. 12,350 was written as Rs. 13,250. If this error located after preparation of trial balance then which of the following rectification entry is correct? A B C D Purchases A/c Dr. 900 To Profit & Loss Adj. A/c 900 Purchases A/c Dr. 900 To Suspense A/c 900 Profit & Loss Adj. A/c Dr. 900 To Purchases A/c 900 Suspense A/c Dr. 900 To Purchases A/c 900 While carrying forward the total of one page of the Purchases Book to the next, the amount of Rs. 12,350 was written as Rs. 13,250. If this error located after preparation of trial balance then which of the following rectification entry is correct? A B C D Purchases A/c Dr. 900 To Profit & Loss Adj. A/c 900 Purchases A/c Dr. 900 To Suspense A/c 900 Profit & Loss Adj. A/c Dr. 900 To Purchases A/c 900 Suspense A/c Dr. 900 To Purchases A/c 900
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D Susp ense A c Dr 900 To Purch ases A c 90 The error ... View the full answer
Related Book For
Financial Accounting A User Perspective
ISBN: 978-0470676608
6th Canadian Edition
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
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