Answers

Trial Balance and Rectification of Errors

Rectify the following errors:
Credit purchases from Raghu ` 20,000
(i) were not recorded.
(ii) were recorded as ` 10,000.
(iii) were recorded as ` 25,000.
(iv) were not posted to his account.
(v) were posted to his account as ` 2,000.
(vi) were posted to Reghav’s account.
(vii) were posted to the debit of Raghu’s account.
(viii) were posted to the debit of Raghav.
(ix) were recorded through sales book.

27/10/2024

Accounting

CPT (CA)