in il. 14. 2. entry . why they have assumed that sales has been correctly posted . it is not given . then also
Dear Student,
The given illustration shows a situation wherein suspense A/c has been opened. That means only single account is impacted.
Also, for (ii) part it is stated that amount was wrongly posted as Rs 5500 that means the amount was wrong only for Manohar's A/c as posting refers to ledger account only.
Regards,
The given illustration shows a situation wherein suspense A/c has been opened. That means only single account is impacted.
Also, for (ii) part it is stated that amount was wrongly posted as Rs 5500 that means the amount was wrong only for Manohar's A/c as posting refers to ledger account only.
Regards,