Question

Pass Journal entries to rectify the errors in the following cases:
(i) A purchase of goods from David amounting to ₹ 150 has been wrongly passed through the Sales Book.
(ii) A credit sale of goods of ₹ 120 to Peter has been wrongly passed through the Purchases Book.
(iii) ₹ 200, salary paid to Cashier, B. Naidu, stands wrongly debited to his Personal Account.
(iv) A credit sales of ₹ 4,230 to Krishan entered as purchase from Kishan ₹ 4,320.
(v) Ramesh's Account was credited with ₹ 840 twice instead of once.

Answer 1

Journal
Date	Particulars		L.F.	Debit Amount Rs	Credit Amount Rs
(i)	Purchases A/c	Dr.		150
	Sales A/c	Dr.		150
	To David				300
	(Purchase of Goods from David was wrongly passed through Sales Book, now rectified)
(ii)	Peter	Dr.		240
	To Sales A/c				120
	To Purchases A/c				120
	(Sale of goods to Peter was wrongly passed through Purchases Book, now rectified)
(iii)	Salaries A/c	Dr.		200
	To B. Naidu				200
	(Salary paid to B. Naidu was passed wrongly to his account, now rectified)
(iv)	Krishan Kishan	Dr. Dr.		4,230 4,320
	To Sales A/c To Purchases A/c				4,230 4,320
	(Sales to Krishan recorded wrongly as purchases from Kishan with a wrong amount, now rectified)
(v)	Ramesh	Dr.		840
	To Suspense A/c				840
	(Amount twice Credit to Ramesh’s Account, now rectified)