Question

Give rectifying journal entries for the following errors:
(a) Sale of goods to Madan ₹ 6,000 were entered in the sales book as ₹ 600.
(b) A credit purchase of ₹ 1,500 from Ajay has been wrongly passed through the sales book.
(c) Repairs to building ₹ 300 were debited to building account.
(d) ₹ 2,050 paid to Rohit is posted to the debit of Mohit's account as ₹ 5,020.
(e) Purchase return book is overcast by ₹ 400.

Answer 1

One Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
a)	Madan’s A/c	Dr.		5,400
	To Sales A/c				5,400
	(Goods sold for Rs 6,000 recorded as Rs 600)
b)	Purchases A/c	Dr.		1,500
	Sales A/c	Dr.		1,500
	To Ajay’s A/c				3,000
	(Credit purchases wrongly passed through Sales Book)
c)	Repairs A/c	Dr.		300
	To Building A/c				300
	(Repairs to building debited to Building Account)
d)	Rohit’s A/c	Dr.		2,050
	Suspense A/c	Dr.		2,970
	To Mohit’s A/c				5,020
	(Amount paid to Rohit debited to Mohit’s Account)
e)	Purchases Return A/c	Dr.		400
	To Suspense A/c				400
	(Overcasting of Purchases Return Book)