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Purchase of furniture on credit from Nigam for 3000 posted to Shubham as 300
Answers (8)
Furniture a/c dr. 2700 Subham a/c dr. 300 To niham a/c 3000
Shouldn't suspense account be debited instead of Furniture account as the error has only been in shubham and night's account?
Shouldn't suspense account be debited instead of Furniture account as the error has only been in shubham and night's account?
Only â?¹300 is debited to Furniture A/C initially so we've to debit â?¹2,700 to get the correct debit amount of â?¹3,000.
Only â?¹300 is debited to Furniture A/C initially so we've to debit â?¹2,700 to get the correct debit amount of â?¹3,000.
Isn't the posting wrong only in Shubham's account. Nothing is said about error in furniture account. Thoughts?
Isn't the posting wrong only in Shubham's account. Nothing is said about error in furniture account. Thoughts?
They also didn't said error only in subham a/c ri8?
