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Error of Principles

Purchases for...

Question

Purchases for office furniture on account is recorded in ___________.

A

general journal

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B

cash book

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C

purchases book

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D

sales book

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Solution

The correct option is A general journal
Cash purchases are recorded in the Cash Book. Other purchases such as purchases of office equipment, furniture, building, are recorded in the journal proper if purchased on credit or in the cash book if purchased for cash. On account is an accounting term that denotes the furniture or asset or service is purchased on credit.

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Similar questions

Q. Rectify the following errors:
(i) Sold old furniture to A for ₹ 11,500 was passed through the Sales Book.
(ii) Credit purchases of ₹ 12,000 from Ojas omitted to be recorded in the books.
(iii) Repairs made were debited to Building Account ₹ 7,000.
(iv) Credit sale of ₹ 1,800 to Avikan was recorded as ₹ 8,100.
(v) ₹ 6,000 paid for office furniture was debited to office expenses account.
(vi) A credit sale of goods of ₹ 15,000 to Ramesh has been wrongly passed through the purchases Book.

Q. Rectify the following errors:
(i) A purchase of ₹ 5,000 from Ram was omitted to be entered in the Purchases Book.
(ii) A credit sale of ₹ 257 to Messrs Goodluck & Co. was recorded as ₹ 275.
(iii) A purchase of office furniture for ₹ 500 from Salwan Furnitures was entered through the Purchases Book.
(iv) Rent paid to Landlord ₹ 500 was debited to his Personal Account.
(v) A debt balance of ₹ 2,000 on the Personal Account of Mr. John (correctly shown in the Ledger) has been omitted when extracting a Trial Balance.

Q. Pass the Journal entries rectifying the following errors:
(i) Purchases for ₹ 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 was sold for ₹ 5,000 was credited to Sales Account.

Q. 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.

Mr. Ajay has a business of selling furniture. He has purchased a table for use in his office. Which of the following accounts should be debited?

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