banner_ad

Accounting entries

Accounting Entries 1213 views 4 replies

Dear friends ,

Pls. provide the rectification entris of the following transation:

a. The Sales account is undercast by Rs.15,000
 
b. Goods returned by the customer Mr.X of Rs.5650 has been posted in the Return Inward Account as Rs.5560 and in Mr.X a/c as Rs.6,550.
 
c. Salary paid Rs.6,000 has been posted to Rent account
 
d. Cash received from Ram posted to Shyam account Rs.7,000 )
 
e. Cash received from Jadu Rs.8,640 has been posted to the debit of Madhu’s a/c

Awaiting ur valuable reply.

Thanks in advance.

 

 

 


 

Replies (4)

a.  Suspense A/c    Dr.      15000/-

          To Sales A/c                                  15000/-

 

b. Sales Return A/c   Dr.      90/-

     Mr. X A/c                  Dr.     900/-

          To Suspense A/c                        990/-

 

c.    Salary A/c       Dr.     6000/-

            To Rent  A/c                         6000/-

 

d.   Shyam A/c      Dr.                   7000/-

          To Ram A/c                                       7000/-

 

 

Really thank for ur reply,

what is the answer of Point :e ?

Pls. reply

all above rectifcation entries are correct and for the last one

 

e. Cash A/c Dr. 8640

               To Madhu A/c 8640

 

thanks u very much


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details