how to rectify: Credit sale of old machinery to Sohan for rs 1700 was entered in the sales book for 7,100. Also show the rectification, wrong and correct entry and the steps to rectify them with proper logic 

Dear Student
Particulars L.F. Debit Credit
Wrong Entry        
Sohan A/c Dr.   7100  
         To Sales A/c       7100
Correct Entry        
Sohan A/c Dr.   1700  
        To Machinery A/c       1700
Rectified Entry        
Sales A/c Dr.   7100  
       To Machinery A/c       1700
       To Suspense A/c       5400


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