Question

Give rectifying entries for the following:
(i) A credit sales of goods to Ram ₹ 2,500 has been wrongly passed through the 'Purchases Book'.
(ii) A credit purchase of goods from Shyam amounting to ₹ 1,000 has been wrongly passed through the 'Sales Book'.
(iii) A return of goods worth ₹ 1,100 to Mohan was passed through the 'Sales Return Book'.
(iv) A return of goods worth ₹ 500 by Ganesh were entered in 'Purchases Return Book'.

Answer 1

Two Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
i)	Ram’s A/c	Dr.		5,000
	To Sales A/c				2,500
	To Purchases A/c				2,500
	(Goods sold to Ram wrongly passed through Purchases Book)
ii)	Purchases A/c	Dr.		1,000
	Sales A/c	Dr.		1,000
	To Shyam’s A/c				2,000
	(Goods purchased from Shyam wrongly passed through Sales Book)
iii)	Mohan’s A/c	Dr.		2,200
	To Purchases Return A/c				1,100
	To Sales Return A/c				1,100
	(Goods returned to Mohan wrongly passed through Sales Return Book)
iv)	Sales Return A/c	Dr.		500
	Purchases Return A/c	Dr.		500
	To Ganesh’s A/c				1,000
	(Goods returned by Ganesh wrongly passed through Purchases Return Book)