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b) A credit sale of goods of Rs. 120 to Ramesh has been wrongly passed through the Purchases |
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Answer» Correct entry:Ramesh A/c dr 120 To sales A/c. 120Wrong entry:Purchase A/c dr 120 To ramesh. 120Rectified entry:Ramesh A/c dr. 240 To sales 120 To purchases. 120(Wrongly purchase A/c debited now corrected) Correct - Ramesh a/c Dr To salesWrong - Purchase Dr Rectify - suspense a/c Dr To purchase Ramesh account debit to sales account If it\'s wrongly passed then correct it Simple ?? |
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