Travelling expenses paid 2,500 for proprietor's pleasure trip has been charged to travelling expenses a/c Pass the rectifying entry - Economics - Theory of Consumer Behaviour

Question

Travelling expenses paid ?2,500 for proprietor's pleasure trip has
been charged to travelling expenses a/c
Pass the rectifying entry

Mehak Garg · Accepted Answer

Dear student
Rectified journal would be

Drawings a/c Dr 2500
To travelling expenses a/c 2500
(being amount spent on travelling by proprietor)
Regards

Travelling expenses paid ?2,500 for proprietor's pleasure trip has been charged to travelling expenses a/c Pass the rectifying entry..