1.

Rectify the following errors assuming that there is no Suspense Account: (i) Salary of ₹ 5,000 paid to Rahul was not posted to Salaries Account.(ii) Sales to Amrish of ₹ 1,430 posted to his account as ₹ 1,340.(iii) Sales to Vijay of ₹ 2,470 posted to his account as ₹ 2,740.(iv) Purchases from Pal of ₹ 1,430 posted to his account as ₹ 1,340.

Answer» Rectify the following errors assuming that there is no Suspense Account:

(i) Salary of ₹ 5,000 paid to Rahul was not posted to Salaries Account.

(ii) Sales to Amrish of ₹ 1,430 posted to his account as ₹ 1,340.

(iii) Sales to Vijay of ₹ 2,470 posted to his account as ₹ 2,740.

(iv) Purchases from Pal of ₹ 1,430 posted to his account as ₹ 1,340.


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