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Purchase of Rs. 162 was recorded in day book as Rs.62 & posted to debit side Supplier’s Account as Rs. 26.?
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Purchase of Rs. 162 was recorded in day book as Rs.62 & posted to debi...
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Purchase of Rs. 162 was recorded in day book as Rs.62 & posted to debi...
If the purchase was recorded as Rs. 62 instead of Rs. 162 in the day book, there must have been an error in recording the transaction. The correct amount should have been Rs. 162. To rectify this mistake, the entry in the day book should be corrected to reflect the correct amount of Rs. 162. This can be done by canceling the incorrect entry of Rs. 62 and making a new entry for Rs. 162.
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Purchase of Rs. 162 was recorded in day book as Rs.62 & posted to debit side Supplier’s Account as Rs. 26.?
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Purchase of Rs. 162 was recorded in day book as Rs.62 & posted to debit side Supplier’s Account as Rs. 26.? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Purchase of Rs. 162 was recorded in day book as Rs.62 & posted to debit side Supplier’s Account as Rs. 26.? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Purchase of Rs. 162 was recorded in day book as Rs.62 & posted to debit side Supplier’s Account as Rs. 26.?.
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