43. Rectify the following errors found in the books of Mr. Aryan by passing entries:

(i) The purchase of ₹610 from Kabir was entered into sales book but Kabir’s personal account was rightly credited.

(ii) Sale of old furniture of ₹2,500 was credited to sales account as ₹250.

(iii) An item of ₹500 relating to prepaid insurance account was omitted to be brought forward from the previous year’s books.

(iv) ₹220 discount received from a creditor had been duly entered in his account but not posted to discount received account. 

(Chandigarh, 2018)