The Sales Journal had been overcast by £100.
what is the rectification entry for this error?
will it be
Sales A/C Dr 100
Suspense A/C Cr 100
or
since it’s a journal , will it be
Sales A/C Dr 100
Debtors A/C Cr 100
I personally think the first is correct but I do have a doubt because it’s a Sales journal and not a sales account .
what is the rectification entry for this error?
will it be
Sales A/C Dr 100
Suspense A/C Cr 100
or
since it’s a journal , will it be
Sales A/C Dr 100
Debtors A/C Cr 100
I personally think the first is correct but I do have a doubt because it’s a Sales journal and not a sales account .