Make Rectification JEs for following:
It's 574 paid for repairs to motor car was debited to the motor-car account as Rs 574
The purchase of machinery on 1st January, 1990 for Its 6,000 was entered in the Purchases Account.
Menu
Rectification Entries.
Replies (1)
1) 1st entry will be
Repairs A/c Dr 574
Motor-Car A/c Cr 574
(Being paid for Repairs wrongly debited to motor car is corrected )
2) 2nd entry will be
Machinery A/c dr 6000
To purchase 6000
(Being purchase of machine wrongly debited to purchase now corrected )
Recent Threads
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
Related Threads
CAclubindia
