Pass the necessary journal entries to rectify the following errors: [6] a Goods of Rs 3000 taken by the - Accountancy - Trial Balance and Rectification of Errors

Question

Pass the necessary journal entries to rectify the following errors:
[6]
a Goods of Rs 3000 taken by the proprietor for domestic use has not
been
recorded
b Purchase of machinery Rs 5000 from ANZ Ltd was recorded as Rs
50000
c An amount of Rs 50000 spent on extension of building has been
debited to
wages account
d Goods sold to Xyz Ltd for Rs 77000 was recorded as Rs 17000
e Sales book was under cast by Rs 1000
f Cash received from Babu was credited to Sabu account Rs 10000

Shruti Mishra · Accepted Answer