Multiple choice

An invoice of purchase from Ajit for Rs. 20,000 was not recorded in the books. Which is the correct rectifying entry, if the error is found out after preparation of the Trial Balance but before the preparation of the Balance Sheet?

  1. Dr. purchase A/c and Cr. cash A/c

  2. Dr. purchase A/c and Cr. Ajit A/c

  3. Dr. purchase A/c and Cr. suspense A/c

  4. Dr. profit and loss adjustment A/c and Cr. Ajit A/c
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

 The entry is not recorded in the books,  so we need to pass the original entry.

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