Question
Google traders purchased an equipment for RO 7,800 on 14th July 2019 and it is debited to purchases account. Rectify this error and choose the
Google traders purchased an equipment for RO 7,800 on 14th July 2019 and it is debited to purchases account. Rectify this error and choose the correct entry from the following?
a. Equipment RO 7,800 Dr / Purchases RO 7,800 Cr
b. Purchases RO 7,800 Dr / Suspense a/c RO 7,800 Cr
c. Purchases RO 7,800 Dr / Equipment RO 7,800 Cr
d. Equipment RO 7,800 Dr / Suspense a/c RO 7,800 Cr
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Purchase of equipment incorrectly Debited to Purch...
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Fundamentals of Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
6th edition
0-07-786223-6, 101259095592, 13: 978-0-07-7, 13978125909559, 978-0077862237
