Accounting · Rectification of Errors
Credit purchases of ₹1,000 from Rohit were wrongly passed through the sales book. What is the correct rectification journal entry?
- 1Rohit A/c Dr. ₹1,000 To Sales A/c ₹1,000
- 2Purchases A/c Dr. ₹1,000 Sales A/c Dr. ₹1,000 To Rohit A/c ₹2,000✓
- 3Purchases A/c Dr. ₹2,000 To Rohit A/c ₹2,000
- 4Rohit A/c Dr. ₹2,000 To Purchases A/c ₹1,000 To Sales A/c ₹1,000
Correct answer
Purchases A/c Dr. ₹1,000 Sales A/c Dr. ₹1,000 To Rohit A/c ₹2,000
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