Rectify the following error
The Credit side of Mohan's account in the ledger has been overcast by Rs 100.00.
Hey
Since the credit side of Mohan's A/c was overcasted by Rs 100, it will now be debited and Suspense A/c will be credited (as it is one-sided error)
Rectifying Entry | ||||
Mohan's A/c | Dr. | 100 | ||
To Suspense A/c | 100 |
Since the credit side of Mohan's A/c was overcasted by Rs 100, it will now be debited and Suspense A/c will be credited (as it is one-sided error)