Rectify the following errors:
(i) Purchases Book is overcast by `500.
(ii) Salary paid to an employee, Mr. Ajay, is debited to his Personal account `3,000.
(iii) Goods sold to Shashi on credit `300 have been wrongly
passed through the Purchases Book.
(iv) Total of Returns Inward Book has been added `9 short.
(v) Purchase of chair from Happy Traders for `35
has been entered in the Purchases Book as `53.
Answer:
|
Journal |
|||||
|
Date |
Particular |
L.F. |
Debit Rs |
Credit Rs |
|
|
(i) |
Suspense A/c |
Dr. |
|
500 |
|
|
|
To Purchases A/c |
|
|
500 |
|
|
|
(Purchase Book was over cast now rectified) |
|
|
|
|
|
|
|
|
|
|
|
|
(ii) |
Salaries A/c |
Dr. |
|
3,000 |
|
|
|
To Mr. Ajay |
|
|
3,000 |
|
|
|
(Salary paid to Mr. Ajay was debited wrongly to Mr. Ajay’s Account) |
|
|
|
|
|
|
|
|
|
|
|
|
(iii) |
Shashi |
Dr. |
|
600 |
|
|
|
To Sales A/c |
|
|
300 |
|
|
|
To Purchases A/c |
|
|
300 |
|
|
|
( Goods sold to Shashi was wrongly passed through Purchases Book, now rectified) |
|
|
|
|
|
|
|
|
|
|
|
|
(iv) |
Return Inwards A/c |
Dr. |
|
9 |
|
|
|
To Suspense A/c |
|
|
9 |
|
|
|
(Return Inwards Book was added short by Rs 9, now rectified) |
|
|
|
|
|
|
|
|
|
|
|
|
(v) |
Furniture A/c |
Dr. |
|
35 |
|
|
|
Happy Traders A/c |
Dr. |
|
18 |
|
|
|
To Purchases A/c |
|
|
53 |
|
|
|
(Purchase of Chair Rs 35 was recorded in the Purchases Book As Rs 53, now rectified) |
|
|
|
|
|
|
|
|
|
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|
Question 22:
Mukesh found that the Trial Balance did not agree.
He found the following errors:
(i) In the Sales Book for the month of January, total
of Page No. 3 was carried forward to Page No. 4 as `1,000 instead of `1,200 and total of Page No. 7 was
carried forward to Page No. 8 as `5,600
instead of `5,000.
(ii) Goods returned to Anshuka`10,000
were recorded in the Sales Book.
(iii) Cheque of `8,000
from Riya was dishonoured
and posted to the debit of expenses Account.
Answer:
|
Journal Entries |
|||||
|
Date |
Particulars |
L.F. |
Debit (Rs) |
Credit (Rs) |
|
|
|
|
|
|
|
|
|
(i) |
Suspense A/c |
Dr. |
|
200 |
|
|
|
To
Sales A/c |
|
|
|
200 |
|
|
(Sales book
balance wrongly carried forward by less amount, now rectified) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Sales A/c |
Dr. |
|
600 |
|
|
|
To Suspense A/c |
|
|
|
600 |
|
|
(Sales book
balance wrongly carried forward by more amount, now rectified) |
|
|
|
|
|
|
|
|
|
|
|
|
(ii) |
Sales A/c |
Dr. |
|
10,000 |
|
|
|
To
Purchase Returns A/c |
|
|
|
10,000 |
|
|
(Goods returned
wrongly recorded in sales book, now rectified) |
|
|
|
|
|
|
|
|
|
|
|
|
(iii) |
Riya A/c |
Dr. |
|
8,000 |
|
|
|
To Expenses A/c |
|
|
|
8,000 |
|
|
(Cheque dishonoured wrongly
posted to the debit of Allowances A/c, now rectified) |
|
|
|
|
|
|
|
|
|
|
|
Question 23:
Pass the rectifying entries for the following
(i) Sales of goods `6,000
to Madan were recorded as `600 in the Sales Book.
(ii) Credit purchase of goods from Mohan amounting to `2,000 has been wrongly passed through
the Sales Book.
(iii) Return of goods worth `500
by a customer was entered in ‘Purchases Return Book’.
(iv) Cheque of `400 received from Ranjan was dishonoured and
debited to the Discount Account.
(v) Bill for `820
received from Ramesh for repair of machinery was
entered in the Purchases Book as `720.
Answer:
|
Journal |
|||||
|
Date |
Particulars |
L.F. |
Debit Rs |
Credit Rs |
|
|
(i) |
Madan |
Dr. |
|
5,400 |
|
|
|
To Sales A/c |
|
|
5,400 |
|
|
|
(Sale of Goods to Madan Rs 6,000 was wrongly recorded as Rs 600) |
|
|
|
|
|
|
|
|
|
|
|
|
(ii) |
Sales A/c |
Dr. |
|
2,000 |
|
|
|
Purchases A/c |
Dr. |
|
2,000 |
|
|
|
To Mohan |
|
|
4,000 |
|
|
|
(Purchases of goods from Mohan was wrongly recorded in the Sales Book, now rectified) |
|
|
|
|
|
|
|
|
|
|
|
|
(iii) |
Sales Return A/c |
Dr. |
|
500 |
|
|
|
Purchases Return A/c |
Dr. |
|
500 |
|
|
|
To Customer A/c |
|
|
1,000 |
|
|
|
(Sales Return was entered wrongly in Purchases Return Book, now rectified) |
|
|
|
|
|
|
|
|
|
|
|
|
(iv) |
Rajan |
Dr. |
|
400 |
|
|
|
To Discount A/c |
|
|
400 |
|
|
|
(Discount Account was debited wrongly on dishonour of Rajan’sCheque, now rectified) |
|
|
|
|
|
|
|
|
|
|
|
|
(v) |
Repair A/c |
Dr. |
|
820 |
|
|
|
To Purchases A/c |
|
|
720 |
|
|
|
To Ramesh A/c |
|
|
100 |
|
|
|
(Repair of Machinery Rs 820 was recorded wrongly to Purchases Book now rectified) |
|
|
|
|
|
|
|
|
|
|
|
Question 24:
Give rectifying Journal entries for the following errors:
(i) Sales of goods to Madan
`6,000 were
entered in the Sales Book as `600.
(ii) Credit purchase of `1,500
from Ajay has been wrongly passed through the Sales Book.
(iii) Repairs to building `300
were debited to Building Account.
(iv) `2,050
paid to Rohit is posted to the debit of Mohit’s Account as `5,020.
(v) Purchases Return Book is overcasted by `400.
Answer:
|
Journal |
|||||
|
Date |
Particular |
L.F. |
Debit Rs |
Credit Rs |
|
|
(i) |
Madan |
Dr. |
|
5,400 |
|
|
|
To Sales A/c |
|
|
5,400 |
|
|
|
(Sale of Goods Rs 6,000 to Madan was wrongly recorded as Rs 600) |
|
|
|
|
|
|
|
|
|
|
|
|
(ii) |
Purchases A/c |
Dr. |
|
1,500 |
|
|
|
Sales A/c |
Dr. |
|
1,500 |
|
|
|
To Ajay |
|
|
3,000 |
|
|
|
(Purchase of Goods from Ajay was wrongly passed through Sales Book) |
|
|
|
|
|
|
|
|
|
|
|
|
(iii) |
Repair A/c |
Dr. |
|
300 |
|
|
|
To Building A/c |
|
|
300 |
|
|
|
(Repair of Building Rs 300 was wrongly debited to Building Account,now rectified) |
|
|
|
|
|
|
|
|
|
|
|
|
(iv) |
Rohit |
Dr. |
|
2,050 |
|
|
|
Suspense A/c |
Dr. |
|
2,970 |
|
|
|
To Mohit |
|
|
5,020 |
|
|
|
(Payment to RohitRs 2,050 was wrongly debited Mohit’s Account as Rs 5,020, now rectified) |
|
|
|
|
|
|
|
|
|
|
|
|
(v) |
Purchases Return A/c |
Dr. |
|
400 |
|
|
|
To Suspense A/c |
|
|
400 |
|
|
|
(Purchase Return Book was overcast now rectified) |
|
|
|
|
|
|
|
|
|
|
|
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Ts Grewal Solution 2024-2025
Class 11th