Rectify the errors
A cash sale of RS.1700 was posted to the credit of meena
In the given case, the Cash Sales of Rs 1,700 is posted to the credit of Meena's Account. It is a Two-Sided Error. This is because on one hand, Meena's Account is wrongly credited and on the other hand, no posting is made in the Sales Account. Therefore, the Rectifying entry in this case is as follows.
Date | Particulars | L.F. | Debit Amount (Rs) | Credit Amount (Rs) | |
| Meena | Dr. |
| 1,700 |
|
| To Sales A/c |
|
| 1,700 | |
| (Cash Sales of Rs 1,700, is posted to the credit side of Meena, now rectified) |
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