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Rectify the following entries : (i) Purchase of building was passed through purchase book amounting to Rs 80,000. (ii) Wages paid for construction of building was debited to wages account with Rs 20,000. (iii) Expenses of erecting of a shed amounting to Rs 3,000 were debited to the expenses account. (iv) Wages paid for extension of building was debited to wages account amounting to Rs 7,000. (v) Repair to second hand car purchased was debited to repairs account with 18,000 (vi) Material purchased for construction of building was debited to purchase account amounting to Rs 28,000. |
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Answer» Rectify the following entries : (i) Purchase of building was passed through purchase book amounting to Rs 80,000. (ii) Wages paid for construction of building was debited to wages account with Rs 20,000. (iii) Expenses of erecting of a shed amounting to Rs 3,000 were debited to the expenses account. (iv) Wages paid for extension of building was debited to wages account amounting to Rs 7,000. (v) Repair to second hand car purchased was debited to repairs account with 18,000 (vi) Material purchased for construction of building was debited to purchase account amounting to Rs 28,000. |
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