↵ Rectification
vii. Cash sale to Amit of Rs. 10000 posted as Rs. 1000.
Sol. Cash sale is recorded in the cash Book with the amount. However, posting is abort by Rs. 9000. Since the sale is against cash. 'Sales A/c' will be credited
In above entry : -
1. Is it one sided or two sided error?
2. Why they have only cr. sales a/c in answer?
3. Is Amit a/c correctly recorded?
Cash sale is recorded in the cash book with the amount. However, posting is short by ?9000. Since the sale is against cash, 'SalesA/C' will be credited.