Rent paid Rs- 2-000 was wrongly shown as payment to landord in the cash book- The effect of this is

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Standard XI

Accountancy

Error of Commission

Rent paid Rs....

Question

Rent paid Rs. 2,000 was wrongly shown as payment to landlord in the cash book. The effect of this is ___

Excess debit in Rent Account

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Excess debit in cash account

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Excess debit in Landlord`s account

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None of the above

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Solution

The correct option is C
Excess debit in Landlord`s account

Landlord’s account has been wrongly debited instead of Rent account, hence there is an excess debit in landlord`s account.

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Rs. 1,000 paid as rent to Krishna, the landlord, was debited to Krishan's personal account. This error is an:

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was paid as rent to the landlord Krishna. This amount was debited to Krishna's personal account. This error will __________.

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5) A cheque for Rs 185 issued to Mr. Ashok has been wrongly entered in the cash column of the cash book.

What will be the effect on trial balance if Rs. 2,000 received as rent and correctly entered in the cash book is not posted to rent account ?

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Rent paid Rs. 2,000 was wrongly shown as payment to landlord in the cash book. The effect of this is ___

The correct option is C Excess debit in Landlord`s account Landlord’s account has been wrongly debited instead of Rent account, hence there is an excess debit in landlord`s account.

The correct option is C
Excess debit in Landlord`s account

Landlord’s account has been wrongly debited instead of Rent account, hence there is an excess debit in landlord`s account.