Muft Shiksha
Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

Subjects
Class 12AccountancyPartnership Accounts - Basic ConceptsAdjustmentsEasy
0 reads0 ratings0 helpful

If A's drawings were wrongly debited to B's account, what is the correct rectification entry?

Answer and explanation

Correct answer: Credit B account and debit A account

Rectification requires reversing the wrong entry first. Since B was wrongly debited, B must be credited to remove that debit, and A must be debited to record the correct drawings. Option A reverses the required actions, while C and D fail to correct the wrong debit. Exam tip: Always reverse the incorrect entry, then record the correct one to finish rectification.

Related tags

DrawingsRectificationPartnership AccountsAdjustmentsErrorsPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq
सुधार सुझाएँ / Earn

Was this question useful?

No ratings yetWrite a review / Rate this question

Student Reviews

No published reviews yet.

KEEP PRACTISING

10 more MCQs
  1. 1What is the main purpose of adjustments in partnership accounts?
  2. 2What is generally prepared to correct an error in past profit distribution in partnership?
  3. 3If partner salary was omitted by mistake it will be credited to which partners account?
  4. 4If interest on capital was omitted what is the correct effect on partners account?
  5. 5If interest on drawings was omitted, what will happen in the concerned partner's account?
  6. 6If profit has been distributed in wrong ratio what is compared in correction?
  7. 7In adjustment table if a partner received less profit what will happen to his account?
  8. 8In adjustment table if a partner received excess profit what will happen to his account?
  9. 9If A received five thousand rupees less profit, what entry will be made to A's account during adjustment?
  10. 10If B has been paid an excess profit of ₹3,000, what adjustment will be made to B's account during the adjustment?
Found an issue? Help improve this questionMy reports and replies

Add Muft Shiksha to your Home Screen

In Safari, tap Share, then Add to Home Screen.