Sales book is overcast by Rs 400 Rectified entry ndash ........

General Accounting Principles Rectification of Errors

Sales book is overcast by Rs. 400. Rectified entry–

Suspense a/c dr 400

To sales 400

Sales a/c dr 400

To suspense 400

Sales a/c dr 400

To suspense 400

None of the above

Sales a/c dr. 100

To suspense 100

(overcast of sales book now rectified)

Submit Error

Wrong option

NIHARIKA WALIA

sales account is credited as it is an income if it is overcast then such an effect can be cancelled out by debiting