Cash paid to Kareem has been posted as been paid Nadeen. The rectification would be done by ___ .

Debiting Kareem's account with corresponding credit to cash account

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Debiting Kareem's account with corresponding credit to Nadeen`s account

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Debiting Nadeen's account with corresponding credit to cash account

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Crediting Nadeen's account with corresponding debit to cash account

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Solution

The correct option is B
Debiting Kareem's account with corresponding credit to Nadeen`s account

This shall be rectified by debiting Kareem's account with corresponding credit to Nadeen's account.

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Ananya withdrew Rs. 2,000 per month for personal use, recording each transaction as a debit to her drawing account and a credit to her cash account. The journal entry closing the drawing account requires a credit to _______ account & debit to _______ account.

Rs 1000 paid for installation of a new machine is debited to Repairs account. Which accounts shall be debited & credited?

Rectify the following errors assuming that a suspense account was opened.

Ascertain the difference in trial balance.

(a)	Credit sales to Mohan Rs 7,000 were posted to the credit of his account.
(b)	Credit purchases from Rohan Rs 9,000 were posted to the debit of his account as Rs 6,000.
(c)	Goods returned to Rakesh Rs 4,000 were posted to the credit of his account.
(d)	Goods returned from Mahesh Rs 1,000 were posted to the debit of his account as Rs 2,000.
(e)	Cash sales Rs 2,000 were posted to the debit of sales account as Rs 5,000.

Rectify the following errors assuming that a suspense account was opened. Ascertain the difference in trial balance.

(a) Credit sales to Mohan Rs. 7,000 were posted to the credit of his account.

(b) Credit purchase from Rohan Rs. 9,000 were posted to the debit of his account as Rs. 6,000.

(d) Goods returned from Mahesh Rs. 1,000 were posted to the debit of his account as Rs. 2,000.

(e) Cash sales Rs. 2,000 were posted to the debit of sales account as Rs. 5000.

Rectify the following errors:

(a)	Salary paid Rs 5,000 was debited to employee’s personal account.
(b)	Rent Paid Rs 4,000 was posted to landlord’s personal account.
(c)	Goods withdrawn by proprietor for personal use Rs 1,000 were debited to sundry expenses account.
(d)	Cash received from Kohli Rs 2,000 was posted to Kapur’s account.
(e)	Cash paid to Babu Rs 1,500 was posted to Sabu’s account.

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Cash paid to Kareem has been posted as been paid Nadeen. The rectification would be done by ___ .

The correct option is B Debiting Kareem's account with corresponding credit to Nadeen`s account This shall be rectified by debiting Kareem's account with corresponding credit to Nadeen's account.

The correct option is B
Debiting Kareem's account with corresponding credit to Nadeen`s account

This shall be rectified by debiting Kareem's account with corresponding credit to Nadeen's account.