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State the account/s affected in each of the following errors:(a) Goods purchased on credit from Saranya for Rs. 150 was posted to the debit side of her account.(b) The total of purchases book Rs. 4,500 was posted twice. |
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Answer» (a) Purchases from Saranya should have been posted to the credit of Saranya’s A/c, but it has been debited. Hence, credit Saranya’s A/c with double the amount i.e., Rs. 300. (b) Credit the Purchases A/c. |
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