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Rectify the following errors:(i) The total of one page of Sales Book was carried forward as ₹ 371 instead of ₹ 317.(ii) ₹ 540 received from Yatin was posted to the debit of his Account.(iii) Purchases Returns Book was overcast by ₹ 300.(iv) An item of ₹ 1,062 entered in Sales Return Book had been posted to the debit of customer who returned the goods.(v) ₹ 1,500 paid for furniture purchased had been charged to ordinary Purchase Account. |
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Answer» Rectify the following errors: (i) The total of one page of Sales Book was carried forward as ₹ 371 instead of ₹ 317. (ii) ₹ 540 received from Yatin was posted to the debit of his Account. (iii) Purchases Returns Book was overcast by ₹ 300. (iv) An item of ₹ 1,062 entered in Sales Return Book had been posted to the debit of customer who returned the goods. (v) ₹ 1,500 paid for furniture purchased had been charged to ordinary Purchase Account. |
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