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Overcast entry

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fresher
24 Points Posted on 12 November 2019
What the entry for..Over cast sale is Rs.500/-
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On 12 November 2019 at 10:37 Report
Replies (4)
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Profession Business
28207 Points Posted on 12 November 2019
If it is posted then a separate rectification entry.
sales dr.
credit. suspense.
after summation of all these entries .
a balance will appear .
which has recasted.
44 Reply
On 12 November 2019 at 13:15
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"Do the Right Thing...!!!"
128147 Points Posted on 12 November 2019
You just reverse the same ledger...
463 Reply
On 12 November 2019 at 16:11
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947 Points Posted on 12 November 2019
Sales a/c ...Dr 700
To suspense a/c
(being sales book was overcasted)
2 Reply
On 12 November 2019 at 18:53
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17264 Points Posted on 13 November 2019
Sales books overcasted means sales booked more by Rs 500 and Debtors also booked higher by Rs 500/-

I don't consider this as totalling error under computerised accounting

Simply do -. Sales Dr. and sundry Debtors XYZ Cr. by Rs 500/-
101 Reply
On 13 November 2019 at 23:56


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