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

Sales account shall be debited

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Sales account shall be credited

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Suspense account shall be credited

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A & C Both

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Solution

The correct option is B
Sales account shall be credited

Sales account shall be credited in this case.

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Similar questions

Purchase 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)	Purchases book overcast by Rs 500.
(c)	Sales return book overcast by Rs 300.
(d)	Purchase return book overcast by Rs 200.

Rectify the following errors by passing entries:

(i) Credit sale of old furniture to Mohan for 1,500 was posted as 5,100.

(ii) Goods purchased from David Rs.2,000 passed through sales book.

(iii) Sales Book has been totaled Rs.2,000 short.

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