Credit sales to Mohan Rs. 1,000 were recorded as Rs. 10,000 in the sales book. To rectify the same, the sales account shall be ___

Credited by Rs 9000

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Debited by Rs 9000

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Credited by Rs 1000

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Debited by Rs 1000

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Solution

The correct option is B
Debited by Rs 9000

To rectify the excess credit of Rs 9000, sales account shall be debited by Rs 9000.

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Similar questions

Credit sales to Mohan Rs. 10,000 were recorded as Rs. 12,000. This shall be rectified by a corresponding ___ in Mohan`s account.

Rectify the following errors.

(a) Credit Sales to Mohan Rs. 7,000 were recorded in purchase book.

(b) Credit Purchase from Rohan Rs. 9,000 were recorded in the sales book.

(d) Goods returned from Mahesh Rs. 1,000 were recorded in purchase return book.

Rectify the following errors:

(a)	Credit Sales to Mohan Rs 7,000 were recorded in purchases book.
(b)	Credit Purchases from Rohan Rs 900 were recorded in sales book.
(c)	Goods returned to Rakesh Rs 4,000 were recorded in the sales return book.
(d)	Goods returned from Mahesh Rs 1,000 were recorded in purchases return book.
(e)	Goods returned from Nahesh Rs 2,000 were recorded in purchases book.

Pass the necessary journal entries to rectify the following errors

(i) Credit sale of Rs. 1,700 to Raj was recorded as sales to Aryan.

(ii) Credit sale of old machinery to Sohan for Rs. 1,700 was entered in the sales book for Rs. 7,100.

(iii) Credit sales to Mohan Rs. 7,000 were not recorded.

(iv) Credit purchase from Rohan Rs. 9,000 were not recorded.

(v) Goods returned to Rakesh Rs. 4,000 were not recorded.

(vi) Goods returned from Mahesh Rs. 1,000 were not recorded.

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