Question

Rectify the following errors:

(i)	Credit sales to Mohan Rs 7,000 were recorded as Rs 700.
(ii)	Credit purchases from Rohan Rs 9,000 were recorded. as Rs 900.
(iii)	Goods returned to Rakesh Rs 4,000 were recorded as Rs 400.
(iv)	Goods returned from Mahesh Rs 1,000 were recorded as Rs 100.

Answer 1

Journal
S.No.	Particulars								L.F.	Debit Amount Rs	Credit Amount Rs
(i)	Mohan							Dr.		6,300
		To Sales A/c									6,300
	(Goods sold to Mohan Rs 7,000 were recorded as Rs 700, now rectified)
(ii)	Purchases A/c							Dr.		8,100
		To Rohan									8,100
	(Goods purchased from Rohan Rs 9,000 were recorded as Rs 900, now rectified)
(iii)	Rakesh							Dr.		3,600
		To Purchases Return A/c									3,600
	(Goods returned to Rakesh Rs 4,000 were recorded as Rs 400, now rectified)
(iv)	Sales Return A/c						Dr.			900
			To Mahesh								900
	(Goods returned from Mahesh Rs 1,000 were not recorded as Rs 100, now rectified)