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Accounting entries

Accounting Entries 1215 views 4 replies

Dear friends ,

Pls. provide the rectification entris of the following transation:

a. The Sales account is undercast by Rs.15,000
 
b. Goods returned by the customer Mr.X of Rs.5650 has been posted in the Return Inward Account as Rs.5560 and in Mr.X a/c as Rs.6,550.
 
c. Salary paid Rs.6,000 has been posted to Rent account
 
d. Cash received from Ram posted to Shyam account Rs.7,000 )
 
e. Cash received from Jadu Rs.8,640 has been posted to the debit of Madhu’s a/c

Awaiting ur valuable reply.

Thanks in advance.

 

 

 


 

Replies (4)

a.  Suspense A/c    Dr.      15000/-

          To Sales A/c                                  15000/-

 

b. Sales Return A/c   Dr.      90/-

     Mr. X A/c                  Dr.     900/-

          To Suspense A/c                        990/-

 

c.    Salary A/c       Dr.     6000/-

            To Rent  A/c                         6000/-

 

d.   Shyam A/c      Dr.                   7000/-

          To Ram A/c                                       7000/-

 

 

Really thank for ur reply,

what is the answer of Point :e ?

Pls. reply

all above rectifcation entries are correct and for the last one

 

e. Cash A/c Dr. 8640

               To Madhu A/c 8640

 

thanks u very much


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