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

Debit of Rs 2000

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Credit of Rs 2000

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Credit of Rs 12000

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Debit of Rs 10000

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Solution

The correct option is B
Credit of Rs 2000

There is an excess debit of Rs. 2,000 in Mohan’s account which shall be rectified by a corresponding credit in his account by Rs 2000.

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

The correct option is B Credit of Rs 2000 There is an excess debit of Rs. 2,000 in Mohan’s account which shall be rectified by a corresponding credit in his account by Rs 2000.

The correct option is B
Credit of Rs 2000

There is an excess debit of Rs. 2,000 in Mohan’s account which shall be rectified by a corresponding credit in his account by Rs 2000.