32. Give the Journal entries to rectify the following errors:

(i) Purchases Book was overcast by ₹1,000.

(ii) Installation charges on new machinery purchased ₹500 were debited to Sundry Expenses Account as ₹50.

(iii) Radhey Shyam returned goods worth ₹500 which was entered in the Purchases Return Book.

(iv) Goods taken by the proprietor for ₹5,000 have not been entered in the books at all

  T.S.Grewal/2024 Edition/Practical Problems/Q-32

For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.

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