Question

Correct the following errors in Hari’s Books:
(i) Credit sale of ₹ 132 to R. Krishan correctly entered in Sales Journal but posted to his account as ₹ 312.
(ii) The total of the credit side of Ramesh’s Account was overcasted by ₹ 2,000.
(iii) Total of the Purchases Journal of ₹ 5,250 has been posted to Purchases Account as ₹ 5,205.
(iv) Printer purchased from R. Ltd. for ₹ 4,000 on credit was entered in the Purchases Book.
(v) An item of ₹ 2,000 entered in the Sales Return Book was posted to the debit of Pandey who had returned the goods.

Answer 1

Books of Hari Journal
Date	Particulars		L.F.	Debit Amount Rs	Credit Amount Rs
(i)	Suspense A/c	Dr.		180
	To R. Krishan				180
	(Goods sold to R. Krishan of Rs 132 was posted as Rs 312 in his account, now rectified)
(ii)	Ramesh A/c	Dr.		2,000
	To Suspense A/c				2,000
	(Credit side of Ramesh's Account overcast, now rectified)
(iii)	Purchases A/c	Dr.		45
	To Suspense A/c				45
	(Total of Purchases Book was posted less by 45, now rectified)
(iv)	Typewriter A/c	Dr.		4,000
	To Purchases A/c				4,000
	(Purchase of type writer was wrongly posted to Purchases Account, now rectified)
(v)	Suspense A/c Dr.			4,000
	To Pandey's A/c				4,000
	(Amount wrongly debited to Pandey's Account for Goods returned by him, now rectified)