The sales book was overcasted by 500
WebbSuspense Account RM RM (ii) Purchases 60 Balance b/d 292 (v) T. Rec’ble: Charles 270 (iv) Bank charges 38 330 330 (c) Statement of Adjusted Net Profit for the year ended 31 December,… RM RM Net profit (with errors) 11,370 Add: (i) Disposal of office equipment 55 (ii) Purchases overcast 60 (ii) Private purchase 115 230 11,600 Less: (i) Sales overstated … Webb5 sep. 2024 · Question No 28 Chapter No 17. 28. (i) What are the different causes that make a Trial Balance incorrect? (ii) Pass the rectifying Journal entries: (a) A credit sale of goods for 2,500 to Krishna has been wrongly passed through the Purchases Book. (b) 5,000 paid for freight on machinery purchased was debited to the Freight Account as 500.
The sales book was overcasted by 500
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WebbA credit sale of Rs.1,000 to Santhanam has been wrongly passed through the purchases book. Which of the following rectification entry is correct? Webbagree. The totals were: Dr $82 500, cr $81 100 ... The total of the discounts received column in the cash book had been overcast by $300. A sale on credit to Steven Taylor, $830, had not been posted from the sales book to the customer's account. A cash receipt for stationery, $40, had been mislaid and no entries had been made in the ...
WebbPurchases book was overcast by 100. 2. Sales book was overcast by 1,000. 3. Goods for 800 purchased from Umakant, though entered in the purchase book, has not been posted to his account. 4. An amount of 500 has been posted to the credit side of commission account instead of 570. 5. Goods sold to Bharti for 4,400 has been posted to her account … WebbQ. Rectify the following errors. (i) Sales book overcast by Rs. 700. (ii) Purchase book overcast by Rs. 500. (iii) Sales return book overcast by Rs. 300.
Webb18 sep. 2024 · 1. Sales returns book is overcast by Rs. 1,000. 2. Purchases book is undercast by Rs. 2,000. 3. Purchase returns book is overcast by Rs. 500. class-11 1 … Webbundercast and overcast in rectification of errors. January 23, 2024 POSSIBLE REASONS BEHIND STUDENT VISA REJECTION. January 23, 2024 GMAT coaching in Chandigarh/Punjab. Need a Consultation? If you are still unsure about studying overseas, it is always good to speak to an experienced person who can help you point in the right …
WebbRectify the following errors: (i) Credit sales to Mohan 7,000 were recorded as 7,200. (ii) Credit purchases from Rohan 9,000 were recorded as 9,900. (iii) Goods returned to Rakesh 4,000 were recorded as 4,040. (iv) Goods returned from Mahesh 1,000 were recorded as …
WebbSales Book is overcast by Rs. 8,000. 2.) Sales Return Book is short casted by Rs. 500. 3.) Balance of Sales Book is carried forward in excess by Rs. 1,000. 4.) Balance of Sales … furler top swivelWebb(i) Sold old furniture to A for Rs. 11,500 was passed through the Sales Book. (ii) Credit purchases of Rs. 12,000 from Ojas omitted to be recorded in the books. (iii) Repairs made were debited to Building Account Rs. 7,000. (iv) Credit sale of Rs. 1,800 to Avikan was recorded as Rs. 8,100. github rufus betaWebbBooks. Principles & Practice of Physics (Eric Mazur; Daryl Pedigo; ... it was noted that the sales returns overcast by R1 000. ... Interest on fixed deposit R7 500. C. Depreciation R38 367; Loss on sale of equipment R1 500. D. Interest on fixed deposit R7 500. E. Depreciation R38 367. Question 13 of 20 2 Points. github rules engineWebb3 sep. 2024 · (i) Purchases Book is overcast by Rs. 500. (ii) Salary paid to an employee, Mr. Ajay, is debited to his Personal account Rs. 3,000. (iii) Goods sold to Shashi on credit Rs. … github rumqWebbAn amount of Rs 1,500 for a credit sale to G.D. Kapur correctly entered in the sales book, has been debited to his account as Rs 1,050. ... On 28th March, goods of the value of Rs 500 were returned by Akash Deep and were taken into stock but the return was not entered in the books of account. ... Sales book was overcast by Rs 10,000. github rule is invalidWebb12 dec. 2024 · a) Purchases Book was overcast by *100. b) Sales book was overcast by 100. c) Goods for F800 purchased from Umakant, though entered in the purchase book, has not been posted to his account. d) An amount of €500 has been posted to the credit side of commission account instead of 570. furless feline catteryWebb30 sep. 2014 · (iii) (iii) The total of the sales returns day book was overcast by $500 What amount should be shown in R Co’s statement of financial position for accounts receivable at 30 September 2014? A $633,291 B $633,409 C $633,491 D $633,791 9. Which groups of people are most likely to be interested in the financial statements of a sole trader? github run 3