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Question

If no entry is made for goods returned by Anjani worth Rs.4,000, the rectifying entry will be to Dr _________A/c 4,000 and credit _______ A/c 4,000.

A
Anjani; Sales
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B
Sales Return; Anjani
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C
Suspense: Anjani
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D
Anjani; Sales Return
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Solution

The correct option is B Sales Return; Anjani
Goods are being returned so sales return will be debited and Anjali is a debtor which will be reduced therefore it will be credited.

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Q.

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.

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