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Classify and rectify the following errors1). A pays 5000 to B for the purchase of goods. Theentry in the Cashbook is correct but posting in theledger is only with 500.2). Credit purchases 10000 not recorded in thepurchases book3).Cash book is overcast by 1000 and 4).PurchasesBook is undercast by 1000.5)The purchase of machinery 50000 recorded in thePurchases Book.6).Sales Book is undercast by 2507). The purchase of furniture 20000 is not posted inthe furniture account8). An income of 20000 is also not posted, |
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Answer» your answer is RIGHT |
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