Purchase book was undercast by Rs 100. To rectify this which of the following is correct?

Sales account shall be debited

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Purchase account shall be credited

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Purchase account shall be debited

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

None of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C
Purchase account shall be debited

Purchase has a debit balance which is unedrcast, to rectify this purchase account shall be debited by the amount of difference.

Suggest Corrections

Similar questions

Sales book was undercast by Rs 100. To rectify this which of the following is correct?

Rectify the following errors.

(a) Sales book undercast by Rs. 300.

(b) Purchase book undercast by Rs. 400.

(d) Return outwards book undercast by Rs. 100.

Rectify the following errors.

(i) Sales book overcast by Rs. 700.

(ii) Purchase book overcast by Rs. 500.

(iii) Sales return book overcast by Rs. 300.

(iv) Purchase return book overcast by Rs. 200.

(v) Sales book undercast by Rs. 300.

(vi) Purchase book undercast by Rs. 400.

(vii) Return inwards book undercast by Rs. 200.

(viii) Return outwards book undercast by Rs. 100.

Rectify the following errors.

(a) Sales book overcast by Rs. 700.

(b) Purchase book overcast by Rs. 500.

(d) Purchase return book overcast by Rs. 200.

A loan of Rs. 1,00,000 was taken from a friend Ram, but instead it was recorded as Rs. 10,000 in the books. To rectify this mistake which of the following is correct?

Join BYJU'S Learning Program

Purchase book was undercast by Rs 100. To rectify this which of the following is correct?

The correct option is C Purchase account shall be debited Purchase has a debit balance which is unedrcast, to rectify this purchase account shall be debited by the amount of difference.

The correct option is C
Purchase account shall be debited

Purchase has a debit balance which is unedrcast, to rectify this purchase account shall be debited by the amount of difference.