Salary paid to Ram Rs 10,000 for the month of August was recorded to his personal account. To rectify this,_ Account shall be debited & _ Account shall be credited by Rs 10,000.

Ram & Salary

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

Salary & Ram

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

Salary & Suspense

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

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 B
Salary & Ram

Rectification entry shall be;
Salary A/C Dr Rs 10,000
To Ram Rs 10,000

Suggest Corrections

Similar questions

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

Credit purchase from ABC Ltd was recorded as Rs 1200 instead of Rs 2100. Which account shall be debited to rectify this mistake?

Rectify the following errors.

(i) Cash received from Rajat Rs. 5,000 was posted to the debit of Kamal as Rs. 6,000.

(ii) Salary paid to an employee Rs. 2,000 was debited to his personal account as Rs. 1,200.

(iii) Goods withdrawn by proprietor for personal use Rs. 1,000 were credited to sales account as Rs. 1,600.

(iv) Depreciation provided on machinery Rs. 3,000 was posted to machinery account as Rs. 300.

(v) Sale of old car for Rs. 10,000 was credited to sales account as Rs. 6,000.

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

Join BYJU'S Learning Program