Pass Journal Entries to rectify the following errors:-
(1) Machinery purchased for ₹ 5,000 has been debited to Purchases A/c.
(2) ₹ 700 paid to Sh. Mohan Kapoor as Legal Charges were debited to his personal account.
(3) ₹ 10,000 paid to Escorts Company for Machinery purchased stand debited to Escorts Company account.
(4) Typewriter purchased for ₹ 6,000 was wrongly passed through purchase book.
(5) ₹ 20,000 paid for the purchase of a Motor Cycle for proprietor has been charged to 'General Expenses' A/c.
(6) ₹ 15,000 paid for the purchase of 'Gas Engine' were debited to 'Purchases' A/c.
(7) Cash paid to Ram ₹ 400 was debited to the account of Shyam.

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Solution

Two Sided Errors

Journal

Date Particulars L.F. Debit Amount (Rs) Credit Amount (Rs)

1) Machinery A/c Dr. 5,000

To Purchases A/c 5,000

(Purchase of machinery debited to Purchases Account)

2) Legal Charges A/c Dr. 700

To Mohan Kapoor’s A/c 700

(Legal charges paid to Mohan Kapoor debited to his personal account)

3) Machinery A/c Dr. 10,000

To Escorts Company A/c 10,000

(Payment made for machinery debited to company’s account)

4) Typewriter A/c Dr. 6,000

To Purchases A/c 6,000

(Purchase of typewriter recorded in Purchases Book)

5) Drawings A/c Dr. 20,000

To General Expenses A/c 20,000

(Purchase of motor cycle for proprietor debited to General Expenses Account)

6) Gas Engine A/c Dr. 15,000

To Purchases A/c 15,000

(Payment made for purchase of Gas Engine debited to Purchases Account)

7) Ram’s A/c Dr. 400

To Shyam’s A/c 400

(Rectifying entry made)

Suggest Corrections

Similar questions

Rectify the following errors:-

1) Purchase of Building was passed through purchases Book as Rs 65,000.
2) Wages paid for construction of building Rs 15,000 was wrongly debited to wages account.
3) Expense of installation of Machinery was debited to installation charges account Rs 55,000.
4) Brokerage paid Rs 600 for purchase of investment were debited to brokerage account.
5) Old Motor car purchased was debited to repairs account Rs 7,000.
6) Materials purchased for construction of Building was debited to purchases account Rs 9,000.

Q. Pass the necessary Journal entries to rectify the following errors:
(i) ₹ 15,000 paid as wages for the construction of office building debited to Salaries Account.
(ii) ₹ 20,000 spent on the purchases of material for the construction of building debited to Purchases Account.
(iii) ₹ 50,000 spent on the extension of building was debited to Building Repairs Account.
(iv) ₹ 25,000 spent on whitewash of a new building was charged to Building Repairs Account.
(v) ₹ 1,000 paid as installation charges for newly purchased second hand machinery posted to Cartage Account.
(vi) ₹ 10,000 paid as repairing charges on the reconditioning of a newly purchased second hand machinery debited to General Expenses Account.
(vii) ₹ 5,000 paid as repairing charges of an existing machine in use charged to Machinery Account.
(viii) ₹ 10,000 paid by cheque for a printer was charged to the Office Expense Account.

Rectify the following entries :

(i) Purchase of building was passed through purchase book amounting to Rs 80,000.

(ii) Wages paid for construction of building was debited to wages account with Rs 20,000.

(iii) Expenses of erecting of a shed amounting to Rs 3,000 were debited to the expenses account.

(iv) Wages paid for extension of building was debited to wages account amounting to Rs 7,000.

(v) Repair to second hand car purchased was debited to repairs account with 18,000

(vi) Material purchased for construction of building was debited to purchase account amounting to Rs 28,000.

Q. Rectify the following errors:
(i) Wages paid for the construction of office debited to the Wages Account, ₹ 5,000.
(ii) Machinery purchased for ₹ 35,000 was passed through the Purchases Book.
(iii) Old furniture sold for ₹ 1,000, passed through the Sales Book.
(iv) ₹ 2,000 paid to Mehta Bros. against acceptance were debited to Malhotra Bros. Account.
(v) Sales of ₹ 204 to Ram debited to his account as ₹ 402 and purchases of ₹ 1,012 from Shyam credited to his account as ₹ 1,210.

Q. In taking out a Trial Balance, an Accountant finds an excess debit of ₹ 1,098. Being desirous of closing his books, he places the difference to Suspense A/c. Later on he detects the following errors:-
1. Goods purchased from Surinder for ₹ 350 has been credited to his account as ₹ 530.
2. Goods sold to Dinesh for ₹ 800 have been debited to his account as ₹ 880.
3. A cheque of ₹ 1,250 received from a debtor had been correctly entered in the cash book but posted to his Personal A/c as ₹ 1,200.
4. ₹ 780, paid for freight on machinery purchased was debited to Freight Account as ₹ 708.
5. Goods to the value of ₹ 130 returned by a customer Navin Kumar had been posted to the debit of his account.
6. ₹ 1,440 paid for repairs to Motor Car were debited to Motor Car A/c as ₹ 1,400.
7. Total of purchase return book ₹ 500 was posted to the debit of Purchase A/c.
Give necessary rectifying entries and prepare suspense account.

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Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
1)	Machinery A/c	Dr.		5,000
	To Purchases A/c				5,000
	(Purchase of machinery debited to Purchases Account)

2)	Legal Charges A/c	Dr.		700
	To Mohan Kapoor’s A/c				700
	(Legal charges paid to Mohan Kapoor debited to his personal account)

3)	Machinery A/c	Dr.		10,000
	To Escorts Company A/c				10,000
	(Payment made for machinery debited to company’s account)

4)	Typewriter A/c	Dr.		6,000
	To Purchases A/c				6,000
	(Purchase of typewriter recorded in Purchases Book)

5)	Drawings A/c	Dr.		20,000
	To General Expenses A/c				20,000
	(Purchase of motor cycle for proprietor debited to General Expenses Account)

6)	Gas Engine A/c	Dr.		15,000
	To Purchases A/c				15,000
	(Payment made for purchase of Gas Engine debited to Purchases Account)

7)	Ram’s A/c	Dr.		400
	To Shyam’s A/c				400
	(Rectifying entry made)