Question

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

• A. debited
• B. credited
• C. Rs.1,000
• D. Rs.10,000
• E. Rs.9,000

Answer 1

Answer: (A), (E)

The correct options are
A debited
E Rs.9,000

Since the sales book is recorded in excess of Rs.9,000(Rs.10,000-Rs.1,000), it is rectified by debiting the same.