Give journal entries to rectify the errors in the following cases: (a) A purchase of goods from
Question:
Give journal entries to rectify the errors in the following cases:
(a) A purchase of goods from David amounting to ` 150 has been wrongly passed through the sales book.
(b) A credit sale of goods of ` 120 to Peter has been wrongly passed through the purchases book.
(c) ` 200 salary paid to cashier, B. Naidu, stands wrongly debited to his personal A/c.
(d) ` 100 received from Shaw & Co. has been wrongly entered as from Shah & Co.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Financial Accounting For Hotels
ISBN: 9781259004940
1st Edition
Authors: Prasanna Kumar JP, Linda Nalini Danie, Mruthyunjaya V. Pagad
Question Posted: