16. Following errors are discovered in the books of Ram Lal. Make the necessary entries to rectify them:
(i) Purchases Journal was undercasted by ₹6,150.
(ii) ₹500 received from Krishna was debited to his account.
(iii) An amount of ₹3,000 withdrawn by the proprietor of the firm for his personal use was posted to the Travelling Expenses Account.
(iv) An amount of ₹175 for a credit sale to R. Gopalan correctly entered in the Sales Book has been debited to his account as ₹157.
T.S.Grewal/2024 Edition/Practical Problems/Q-16
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.