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Example-1 The following errors were located after preparing the trial balance.
- Goods worth Rs. 500 distributed as free sample were not recorded at all.
- Credit purchased from B&B store Rs. 20, 000 has wrongly recorded in sales book
- Salary paid to Hari Rs. 7, 000 has been wrongly debited to his accounts
Required: Rectification Entries
Example-2 The following errors found before preparing the trial balance, rectify them:
Purchase
of furniture was debited to purchase account Rs.2,000
Goods
of Rs.10,000 purchased from Bikash have been
wrongly entered in the sales book.
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