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Question
Goods returned by Senguttuvan were taken into stock, but no entry was passed in the books. While rectifying this error, which of the following accounts should be debited?
Options
Senguttuvan account
Sales returns account
Returns outward account
Purchases returns account
Solution
Sales returns account
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RELATED QUESTIONS
State the account/s affected in the following error:
Goods purchased on credit from Saranya for ₹ 150 was posted to the debit side of her account.
Rectify the following error before preparing the trial balance:
The total of purchases book was carried forward ₹ 90 less.
Rectify the following error before preparing the trial balance:
The total of purchases book was carried forward ₹ 180 more
Rectify the following error before preparing the trial balance:
The total sales book was carried forward ₹ 270 less.
Rectify the following error before preparing the trial balance:
The total of sales returns book was carried forward ₹ 360 more.
Rectify the following error before preparing the trial balance:
The total of purchases returns book was carried forward ₹ 450 less.
