Rectification of error

Please elaborate your query

Sriram Somayajula

Admin

28-Apr-20 16:21

This entry- goods (cost of Rs 423,sale price Rs 432 ) taken by Ganesh the proprietor for his personal use recorded in sale book

Subham Kumar

CA Foundation

★ 180

28-Apr-20 16:24

Please make me understand

Attachments

Subham Kumar

CA Foundation

★ 180

28-Apr-20 16:27

Cost price recorded

Yash singhal

CA Foundation

★ 1K+

29-Apr-20 12:14

Sale ac dr 432 To cash ac 432

Nandini S

CA Foundation

★ 1K+

30-Apr-20 19:22

Sales A/c Dr. 432 (sale price) ==> sale entry cancelled Drawings A/c Dr. 423 (cost price) ==> personal use registered at cost from purchases To Ganesh A/c 432 (sale price) ==> sale entry cancelled To Purchases A/c 423 (Cost price) ==> drawings from stock for personal accounted under drawings

sudha reddy

Moderator

08-May-20 13:53