Question
Rectify the following errors.
1) Sales return book was overcast by ₹ 800/-
2) Factory electricity bill ₹ 7,000/- paid but recorded twice in the books.
3) Total of Sales book was undercast by ₹ 900/-
4) Paid for Rent ₹ 825/- was wrongly posted to Rent account as ₹ 325/-
5) Wages paid for extension of Building ₹ 9,900/- was charged to wages account.
6) Paid carriage for purchase of Machinery ₹ 2,000/- was charged to carriage account.
7) Life insurance premium of proprietor paid ₹ 1,500/- wrongly debited to Insurance A/c
1) Sales return book was overcast by ₹ 800/-
2) Factory electricity bill ₹ 7,000/- paid but recorded twice in the books.
3) Total of Sales book was undercast by ₹ 900/-
4) Paid for Rent ₹ 825/- was wrongly posted to Rent account as ₹ 325/-
5) Wages paid for extension of Building ₹ 9,900/- was charged to wages account.
6) Paid carriage for purchase of Machinery ₹ 2,000/- was charged to carriage account.
7) Life insurance premium of proprietor paid ₹ 1,500/- wrongly debited to Insurance A/c
