Question

Select the most appropriate alternatives from those given below and rewrite the sentence.

Rectification entries are passed in ________.
a) ledger
b) balance sheet
c) cash book
d) journal proper.

Answer 1

Rectification entries are passed in Journal Proper.

Explanation:
All those transactions that cannot be recorded in any other subsidiary books are recorded in the Journal Proper. Thus, rectification entries are passed in the Journal Proper. Following transactions are recorded in the Journal Proper:

a. Opening entries
b. Closing entries
c. Transfer entries
d. Adjustment entries
e. Rectification entries
f. Miscellaneous entries