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Rectify the following errors:(i) Purchases Book is overcast by ₹ 500.(ii) Salary paid to an employee, Mr. Ajay, is debited to his Personal account ₹ 3,000.(iii) Goods sold to Shashi on credit ₹ 300 have been wrongly passed through the Purchases Book.(iv) Total of Returns Inward Book has been added ₹ 9 short.(v) Purchase of chair from Happy Traders for ₹ 35 has been entered in the Purchases Book as ₹ 53. |
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Answer» Rectify the following errors: (i) Purchases Book is overcast by ₹ 500. (ii) Salary paid to an employee, Mr. Ajay, is debited to his Personal account ₹ 3,000. (iii) Goods sold to Shashi on credit ₹ 300 have been wrongly passed through the Purchases Book. (iv) Total of Returns Inward Book has been added ₹ 9 short. (v) Purchase of chair from Happy Traders for ₹ 35 has been entered in the Purchases Book as ₹ 53. |
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