Multiple choice

A sales of Rs. 7800 to Raheem has been posted to Ramlal. Which of the following journal entries will correct this error?

  1. Debit Ramlal's account and credit Raheem's account with Rs. 15600.

  2. Debit Raheem's account and credit sales account with Rs. 7800.

  3. Debit Raheem's account and credit Ramlal's account with Rs. 7800.

  4. Debit sales account and credit Ramlal's account with Rs. 7800.

  5. None of the above entries will correct the error.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

This is error of omission and transfer needs to be made between both the accounts . This journal entry is required to be transferred so that their is no unauthorized transfer between two accounts.

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