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Question
Rectify the following error which were located before preparing the trial balance.
Cash paid to Mukil ₹ 2,800 which was debited to Akhil’s account as ₹ 2,000.
One Line Answer
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Solution
| Particulars | L.F. | Dr. (₹) | Cr. (₹) |
| Mukil A/c Dr. To Akhil A/c To Suspense A/c (Cash paid to mukil was debited to Akhil A/c now rectified) |
2,800 |
2,000 |
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Chapter 9: Rectification of Errors - Exercises [Page 199]
