Question

Goods purchased from Sohanlal wrongly recorded in sales register Rs. 500. What should be the rectification entry?
a.    Purchases A/c Dr.  500 To Sohanlal   500
b.    Sohanlal A/c Dr.  500  To Sales 500
c.    Sales A/c Dr.           500  Purchases A/c Dr.  500                      To Sohanlal  1000
d.    Purchases A/c Dr.  500           To Sales 500

A Option A
B Option B
C Option C
D Option D
Practice Next

Hey! Ask a query