Accounting · Rectification of Errors

A machine is purchased for Rs. 8,000 and is wrongly recorded in the purchases account. Due to this error, the trial balance will:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1show a difference of Rs. 16,000
2show a difference of Rs. 4,000
3show a difference of Rs. 8,000
4not show any difference✓

Correct answer

not show any difference

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A machine is purchased for Rs. 8,000 and is wrongly recorded in the purchases account. Due to this error, the trial balance will:

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A machine is purchased for Rs. 8,000 and is wrongly recorded in the purchases account. Due to this error, the trial balance will:

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