Question

Pass entries to rectify the following errors :

(i) Purchased good from Ravi Rs. 500 passed through sales book.

(ii) Only Rs. 20 were recorded in Bill Receivable Book instead of Rs. 200.

(iii) A repair to Plant amounting to Rs. 1,000 has been changed to plant & Machine Alc.

(iv) A purchase of gods of Rs. 2,000 has been wrongly debited to Furniture Ale.

Answer 1

$\begin{array}{cccccc}\text{Date}& \text{Particulars}& & \text{LF}& \text{Debit Amount (Rs)}& \text{Credit Amount (Rs)}\\ & & & & & \\ \text{(i)}& \text{Purchase A/c}& \text{Dr.}& & \text{500}& \\ & \text{To Sales A/c}& \text{Dr.}& & \text{500}& \\ & \text{To Ravi}& & & & \text{1,000}\\ & \text{(Being goods purchased from Ravi, passed)}& & & & \\ & \text{through wrong book, now rectified}& & & & \\ & \underset{–}{}& & & & \\ \text{(ii)}& \text{Bills Receivable A/c}& \text{Dr.}& & \text{180}& \\ & \text{To Debtor's A/c}& & & & \text{180}\\ & \text{(Being wrong amount recorded in Bills)}& & & & \\ & \text{Receivable book, now rectified}& & & & \\ & \underset{–}{}& & & & \\ \text{(iii)}& \text{Repairs A/c}& \text{Dr.}& & \text{1,000}& \\ & \text{To Plant and Machinerty A/c}& & & & \text{1,000}\\ & \text{(Being wrong recording of repairs now}& & & & \\ & \text{rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(iv)}& \text{Purchase A/c}& \text{Dr.}& & \text{2,000}& \\ & \text{To furniture A/c}& & & & \text{2,000}\\ & \text{(Being wrong recording of purchase as}& & & & \\ & \text{furniture, now rectified)}& & & & \end{array}$