A credit sales of Rs. 4000 to Y was credited to Y's A/c. Rectification entry would...

  

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A credit sales of Rs. 4000 to Y was credited to Y's A/c. Rectification entry would be passed if the error is detected after preparation of trial balance but before preparation of Trading and profit and loss A/c A B C D Debtor's A/c Dr 8000., Sales A/c Cr Rs. 8000 Debtor's A/c Dr Rs.8000., Sales A/c Cr Rs. 4000, Suspense A/c Rs. 4000 No entry, Debit Debtors A/c By Rs. 8000 Debtors A/c Dr Rs. 4000, Sales A/c Cr Rs. 4000 A credit sales of Rs. 4000 to Y was credited to Y's A/c. Rectification entry would be passed if the error is detected after preparation of trial balance but before preparation of Trading and profit and loss A/c A B C D Debtor's A/c Dr 8000., Sales A/c Cr Rs. 8000 Debtor's A/c Dr Rs.8000., Sales A/c Cr Rs. 4000, Suspense A/c Rs. 4000 No entry, Debit Debtors A/c By Rs. 8000 Debtors A/c Dr Rs. 4000, Sales A/c Cr Rs. 4000

Answer rating: 100% (QA)

B Debtors Ac Dr Rs8000 Sales Ac Cr Rs 4000 Suspense A... View the full answer