Question

Pass the Journal entries rectifying the following errors:
(i) Purchases of ₹ 10,000 was omitted to be recorded.
(ii) Purchases of office furniture of ₹ 10,000 was recorded in Purchases Book.
(iii) Office Rent of ₹ 15,000 was debited to the Personal Account of the landlord.
(iv) Old machine sold for ₹ 5,000 was credited to Sales Account.
(v) Bill for ₹ 800 received from Mukesh for repair of machinery was entered in the Purchases Book as ₹ 700.

Answer 1

Journal
Date	Particulars			L.F.	Debit Amount (₹)	Credit Amount (₹)
(i)	Purchases A/c		Dr.		10,000
		To Suspense A/c				10,000
	(Purchase of goods worth Rs 10,000 were omitted to be recorded, now rectified)
(ii)	Furniture A/c		Dr.		10,000
		To Purchases A/c				10,000
	(Purchase of office furniture was recorded in purchase book, now rectified)
(iii)	Rent A/c		Dr.		15,000
		To Landlord’s A/c				15,000
	(Office rent of Rs 15,000 was debited to Landlord’s personal account, now rectified)
(iv)	Sales A/c		Dr.		5,000
		To Machinery A/c				5,000
	(Sale of machinery costing Rs 5,000 was credited to Sales A/c, now rectified)
(v)	Repairs to Machinery A/c		Dr.		800
	To Purchases A/c					800
	(Repairs to machinery costing ₹700 wrongly entered in purchase book, now rectified)