Give journal entries to rectify the following errors assuming that suspense account had been opened.
(a) Goods distributed as free sample Rs. 5,000 were not recorded in the books.
(b) Goods were withdrawn for personal use by the proprietor Rs. 2,000 were not recorded in the books.
(c) Bill receivable received from a debtor Rs. 6,000 was not posted to his account.
(d) Total of return inwards book Rs. 1,200 was posted to return outwards account.
(e) Discount allowed to Reema Rs. 700 on receiving cash from her was recorded in the books as Rs. 70.
DateParticularsLFAmt. (Dr)Amt. (Cr)(a)Advertisement A/cDr5,000 To Purchase A/c5,000(Goods distributed as free sample Rs. 5,000were not recorded in the books, now rectified –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––(b)Drawings A/cDr2,000 To Purchase A/c2,000(Goods withdrawn for personal use were notrecorded Rs. 2,000, now rectified ––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––(c)Suspense A/cDr6,000 To Debtor’s A/c6,000(Bills receivable received from debtorsRs. 6,000 was not posted to his account, nowrectified) ––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––(d)Return Inwards A/cDr1,200Return Outwards A/cDr1,200 To Suspense A/c2,400(Total of return inward book, posted to returnoutward book, now rectified ––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––(e)Discount Allowed A/cDr630 To Reema's A/c630(Discount allowed to Reema Rs. 700, wronglyrecorded as Rs. 70 only, now rectified)
Dr Suspense Account Cr
DateParticularsJFAmt. RsDateParticularsJFAmt. Rs(c)Debtor's A/c6,000(d)Return Inwards A/c1,200Return Outwards A/c1,200 –––––Balance c/d3,600––––––6,000––––––6,000––––––