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.
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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 )
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