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The following errors are in the books of Mr. Hilal at end March 2017. The error committed is provided. Discuss the following for each of

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The following errors are in the books of Mr. Hilal at end March 2017. The error committed is provided. Discuss the following for each of the below errors: a) The type of error committed; and b) Rectification Process (in words) and c) Rectify the error (entry) Transactions: i. Goods sold for RO 500 for cash is posted incorrectly. Accounts Dr. C. Sale 500 Cash 500 ii. Credit sales to Ms. Rahima RO 2,060 is debited wrongly to the account of Mr. Rahman Accounts Dr. A/R-Rahman 2.060 Sales 2,060 iii. Credit Purchase from Mr. Ali for RO 20,000 is credited to the account of Mr. Ahmed. Accounts Dr. C Purchases 20,000 AP- Ahmed 20,000 iii. Buildings purchased from Ms. Fatima RO 1,080 is entered in the purchases book Accounts Dr. C. Purchases 1.080 AP- Fatima 1,080 v. Cash Sales of RO 2,080 entered as RO 2,800 Accounts Dr. C. Cash 2.800 Sales 2,800

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