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in Accountancy by (44.9k points)
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Rectify the following errors: 

1. Sales book is undercast by Rs. 100 

2. Sales book is overcast by Rs. 200 

3. Purchases book is undercast by Rs. 300 

4. Purchases book is overcast by Rs. 400 

5. Purchases returns book is undercast by Rs. 500

1 Answer

+1 vote
by (45.7k points)
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Best answer

1. Sales account should be credited with Rs. 100 

2. Sales account should be debited with Rs. 200 

3. Purchases account should be debited with Rs. 300 

4. Purchases account should be credited with Rs. 400 

5. Purchases returns account should be credited with Rs. 500

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