Question

Pass the necessary journal entries to rectify the following errors

(i) Credit sale of Rs. 1,700 to Raj was recorded as sales to Aryan.

(ii) Credit sale of old machinery to Sohan for Rs. 1,700 was entered in the sales book for Rs. 7,100.

(iii) Credit sales to Mohan Rs. 7,000 were not recorded.

(iv) Credit purchase from Rohan Rs. 9,000 were not recorded.

(v) Goods returned to Rakesh Rs. 4,000 were not recorded.

(vi) Goods returned from Mahesh Rs. 1,000 were not recorded.

Answer 1

$\begin{array}{c}RectificationEntriesinJournal\end{array}$

$\begin{array}{ccccc}\text{Date}& \text{Particulars}& \text{LF}& \text{Amt.(Dr)}& Amt.\text{(Cr)}\\ \text{(i)}& \text{Raj's A/c}Dr& & 1,700& \\ & \text{To Aryan}& & & 1,700\\ & \text{(Credit sale of Rs. 1,700 to Raj}& & & \\ & \underset{–}{\text{recorded as sales to Aryan,now rectified)}}& & & \\ \text{(ii)}& \text{Sales A/c}Dr& & 7,100& \\ & \text{To Sohan's A/c}& & & 5,400\\ & \text{To Machinery A/c}& & & 1,700\\ & \text{(Credit sale of machinery to}& & & \\ & \text{Sohan for Rs. 1,700 entered in the}& & & \\ & \underset{–}{\text{sales book as Rs. 7,100, now rectified)}}& & & \\ \text{(iii)}& \text{Mohan's A/c}Dr& & 7,000& \\ & \text{To Sales A/c}& & & 7,000\\ & \text{(Goods purchased from Mohan}& & & \\ & \underset{–}{\text{on credit not recorded, now rectified)}}& & & \\ \text{(iv)}& \text{Purchases A/c}Dr& & 9,000& \\ & \text{To Rohan's A/c}& & & 9,000\\ & \text{(Goods purchased from Rohan}& & & \\ & \underset{–}{\text{on credit not recorded, now rectified)}}& & & \\ \text{(v)}& \text{Rakesh's A/c}Dr& & 4,000& \\ & \text{To Purchases Return A/c}& & & 4,000\\ & \text{(Goods returned to Rakesh}& & & \\ & \underset{–}{\text{not recorded, now rectified)}}& & & \\ \text{(vi)}& \text{Sales Return A/c}Dr& & 1,000& \\ & \text{To Mahesh}& & & 1,000\\ & \text{(Goods returned by Mahesh}& & & \\ & \underset{–}{\text{not recorded, now rectified)}}& & & \end{array}$