Rectify the following errors 4
(i) Goods of the value of Rs 1920 returned by Mr. Bheem were entered in the purchase book as Rs 920 and
posted there from to his credit as Rs 900
(ii) A dishonoured bill receivable from Amrish for Rs 9000, returned by the Bank with which it was
discounted, had been rightly credited to bank account but debited to Bill Receivable account.
(iii)A cheque of Rs 1800 received for loss of stock by fire from Insurance company is omitted to be
recorded in the books of accounts.
(iv)Depreciation on machine Rs 2000 is not posted to depreciation account.
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