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Question
Rectify the following error which were located before preparing the trial balance.
Goods purchased for ₹ 200 were posted as ₹ 2,000 to the purchases account.
One Line Answer
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Solution
| Particulars | L.F. | Dr. (₹) | Cr. (₹) |
| Suspense A/c Dr. To Purchases A/c (The Purchases book overcast, now rectified) |
1,800 |
1,800 |
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Chapter 9: Rectification of Errors - Exercises [Page 199]
