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CA Foundation doubt

Any one please explain the 5(4) in easy language 🥲

Image attached to the doubt: Any one please explain the 5(4) in easy language 🥲

Asked by Naman3 Jun 2024406 views

3 answers

  1. Shrey · 3 Jun 2024

    And entry be p&l adjustment dr to suspense a/c

  2. Shrey · 3 Jun 2024

    Here Furniture is sold and record in sales book as sales book doesn't record asset transaction so there is error we rectify it

  3. Tanush · 3 Jun 2024

    Sake of asset h normal course of business mei nhi h ye to sales accounts se reverse krdenge

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