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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Rectify the following journal entry. - Accountancy

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Question

Rectify the following journal entry.

Particulars L.F. Dr. (₹) Cr. (₹)
Manimaran A/c      Dr.
    To Purchases A/c
(Goods taken by the proprietor Mr. Manimaran for his personal use)
  1,000

1,000

One Line Answer
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Solution

Particulars L.F. Dr. (₹) Cr. (₹)
Drawings A/c      Dr.
    To Manimaran A/c
(Wrong debit rectified)
  1,000

1,000

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Chapter 9: Rectification of Errors - Exercises [Page 200]

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Samacheer Kalvi Accountancy [English] Class 11 TN Board
Chapter 9 Rectification of Errors
Exercises | Q IV 11. (e) | Page 200
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