Rectify ,
credit sales to manas RS.16000 was recorded in the purchases book RS.10000 and posted to the debit off manas
Rectifying Journal Entry | |||||
Date | Particulars | L.F. | Debit | Credit | |
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| Manas | Dr. |
| 6,000 |
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| Suspense A/c | Dr. |
| 20,000 |
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| To Sales A/c |
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| 16,000 | |
| To Purchase A/c |
|
| 10,000 | |
| (Goods sold to Manas Rs 16,000 wrongly recorded in Purchases Book as Rs 10,000 and debited to Manas’s Account as Rs 10,000, now rectified) |
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Note: In the query, it is assumed that Rs 10,000 is posted to the debit side of Manas’s Account.