Pass the necessary Journal entries to rectify the following errors:
(i) Credit sale of ₹ 850 to Kishan was posted to Krishan's Account.
(ii) Cash sale of ₹ 850 to Meenu was posted to the credit of Meena.
(iii) Amount of ₹ 1,500 withdrawn from bank by the proprietor for his personal use was debited to Purchases Account.
(iv) Credit sale of old furniture to Mohan for ₹ 1,700 was posted as ₹ 7,100.
(v) Credit sale of old furniture to Babu Ram for ₹ 3,000 was credited to Sales Account.
(vi) Cheque of ₹ 1,280 received from Farid was dishonoured and has been posted to the debit of Sales Return Account.

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Solution

Journal

Date

Particulars

L.F.

Debit
Amount
(₹)

Credit
Amount
(₹)

i)
Kishan’s A/c
Dr.

850

To Krishan’s A/c

850

(Being correcting credit sales to Kishan wrongly posted to Krishan’s Account)

ii)
Meena’s A/c
Dr.

850

To Sales A/c

850

(Being correcting cash sales to Meenu wrongly posted to credit of Meena’s A/c)

iii)
Drawings A/c
Dr.

1,500

To Purchases A/c

1,500

(Being correcting amount withdrawn for personal use debited to Purchases A/c)

iv)
Furniture A/c
Dr.

5,400

To Mohan’s A/c

5,400

(Being correcting credit sale of furniture to Mohan posted at a wrong amount)

v)
Sales A/c
Dr.

3,000

To Furniture A/c

3,000

(Being correcting credit sale of furniture posted to the credit of sales account)

vi)
Farid’s A/c
Dr.

1,280

To Sales Return A/c

1,280

(Being correcting cheque dishonoured wrongly debited to Sales Return A/c)

Suggest Corrections

Similar questions

Rectify the following errors.

(i) Cash received from Rajat Rs. 5,000 was posted to the debit of Kamal as Rs. 6,000.

(ii) Salary paid to an employee Rs. 2,000 was debited to his personal account as Rs. 1,200.

(iii) Goods withdrawn by proprietor for personal use Rs. 1,000 were credited to sales account as Rs. 1,600.

(iv) Depreciation provided on machinery Rs. 3,000 was posted to machinery account as Rs. 300.

(v) Sale of old car for Rs. 10,000 was credited to sales account as Rs. 6,000.

Rectify the following errors.

(i) Credit sales to Mohan Rs. 7,000 were recorded as Rs. 7,200.

(ii) Credit purchase from Rohan Rs. 9,000 were recorded as Rs. 9,900.

(iii) Goods returned to Rakesh Rs. 4,000 were recorded as Rs. 4,040.

(iv) Goods returned from Mahesh Rs. 1,000 were recorded as Rs. 1,600.

(v) Cash sale of Rs. 3,400 to Aroha was posted to the credit of Aroha.

(vi) Credit sale of old furniture to X for Rs. 3,400 was credited to the sales account.

(vii) Credit sale of old furniture to Vishal for Rs. 1,700 was posted as Rs. 7,100.

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Journal
Date	Particulars		L.F.	Debit Amount (₹)	Credit Amount (₹)
i)	Kishan’s A/c	Dr.		850
	To Krishan’s A/c				850
	(Being correcting credit sales to Kishan wrongly posted to Krishan’s Account)

ii)	Meena’s A/c	Dr.		850
	To Sales A/c				850
	(Being correcting cash sales to Meenu wrongly posted to credit of Meena’s A/c)

iii)	Drawings A/c	Dr.		1,500
	To Purchases A/c				1,500
	(Being correcting amount withdrawn for personal use debited to Purchases A/c)

iv)	Furniture A/c	Dr.		5,400
	To Mohan’s A/c				5,400
	(Being correcting credit sale of furniture to Mohan posted at a wrong amount)

v)	Sales A/c	Dr.		3,000
	To Furniture A/c				3,000
	(Being correcting credit sale of furniture posted to the credit of sales account)

vi)	Farid’s A/c	Dr.		1,280
	To Sales Return A/c				1,280
	(Being correcting cheque dishonoured wrongly debited to Sales Return A/c)