Purchases book undercast by rupees 250

Undercasting in the purchases book means that the total amount of purchases recorded is less than the actual amount. In this case, the purchases book is undercast by rupees 250, which means that the total amount of purchases recorded is rupees 250 less than the actual amount.

To rectify this error, we need to add the undercast amount to the total purchases recorded in the purchases book. This can be done by following the steps below:

1. Identify the undercast amount: In this case, the undercast amount is rupees 250.

2. Locate the purchases book: The purchases book is a record of all purchases made by a company. It contains details such as the date, supplier, description, quantity, and cost of each purchase.

3. Calculate the total purchases: Go through the purchases book and add up the cost of each purchase to determine the total purchases.

4. Add the undercast amount: Once the total purchases amount is calculated, add the undercast amount (rupees 250) to the total. This will give you the correct total purchases.

5. Update the purchases book: Record the correct total purchases in the purchases book.

Sales book overcast by rupess 850

Overcasting in the sales book means that the total amount of sales recorded is more than the actual amount. In this case, the sales book is overcast by rupees 850, which means that the total amount of sales recorded is rupees 850 more than the actual amount.

To rectify this error, we need to subtract the overcast amount from the total sales recorded in the sales book. This can be done by following the steps below:

1. Identify the overcast amount: In this case, the overcast amount is rupees 850.

2. Locate the sales book: The sales book is a record of all sales made by a company. It contains details such as the date, customer, description, quantity, and selling price of each sale.

3. Calculate the total sales: Go through the sales book and add up the selling price of each sale to determine the total sales.

4. Subtract the overcast amount: Once the total sales amount is calculated, subtract the overcast amount (rupees 850) from the total. This will give you the correct total sales.

5. Update the sales book: Record the correct total sales in the sales book.

Paid for repair rupees 400 posted to the credit of repairs account

When an expense is paid for, it should be debited in the books of accounts. However, in this case, the payment for repairs (rupees 400) has been incorrectly posted to the credit side of the repairs account.

To rectify this error, we need to reverse the incorrect entry and make the necessary adjustments. This can be done by following the steps below:

1. Identify the incorrect entry: In this case, the incorrect entry is the payment for repairs (rupees 400) being posted to the credit side of the repairs account.

2. Determine the correct entry: Since the payment for repairs is an expense, it should be debited in the books of accounts. Therefore, the correct entry would be to debit the repairs account with rupees 400.

3. Reverse the incorrect entry: To reverse the incorrect entry, we need to make an equal