Sarthaks Test
0 votes
377 views
in Accounts by (64.1k points)

Following errors affecting the accounts for the year 2015 were detected in the books of Dasand Co., Meerut: 

i. Sale of old furniture for Rs.5,000 was treated as sales of goods. 

ii. Rent of proprietor’s residence Rs.6,000 was debited to Rent Account. 

iii. Cash received from Rajesh Rs.2,150 was credited to Brajesh. 

Pass the rectifying Journal entries. State the nature of each of these mistakes.

1 Answer

0 votes
by (106k points)
selected by
 
Best answer

Journal Entries 

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...