Anonymous
Apr 7
Total of purchases day book for March 2025 has been underpass by TZS 300000.what is the journal entry for this statement?
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Apr 7
The journal entry to correct the underpass in the purchases day book for March 2025 would be as follows:
Date: March 31, 2025
Account Title: Purchases Day Book
Debit: TZS 300,000
Account Title: Suspense Account
Credit: TZS 300,000
Explanation: To correct the underpass in the purchases day book for March 2025.
Date: March 31, 2025
Account Title: Purchases Day Book
Debit: TZS 300,000
Account Title: Suspense Account
Credit: TZS 300,000
Explanation: To correct the underpass in the purchases day book for March 2025.
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