Question

Rectify the following errors-

1) Goods returned to Mr Pathak as they were defective Rs 280 were not recorded in the books.
2) Commission received Rs 625 was recorded in the Journal proper but not posted at all.
3) Purchased Machinery from Hindustan Machinery Ltd. Rs 9,900 on credit was omitted from the books of accounts.
4) Additional capital Rs 20,000 introduced by proprietor in to the business was recorded in the cash book but was not posted to the capital account in the ledger.
5) Cash received from the Patel Rs 3,300 though recorded in cash book was not posted to his personal account in the ledger.
6) Goods sold to Kishor Rs 6,565 on credit was not posted to his personal account.

Answer 1

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
1	Mr. Pathak	Dr.		280
	To Purchases Returns A/c				280
	(Purchase Return was not recorded, now rectified)
2	No Journal Entry needs to be recorded as the same has been already passed in the Journal Proper. Hence, only the ledger posting for the same needs to be done. Commission account would be credited and Cash account would be debited by Rs. 625
3	Machinery A/c	Dr.		9,900
	To Hindustan Machinery Ltd.				9,900
	(Purchase of machinery from Hindustan Machinery Ltd. was not recorded, now rectified)
4	Suspense A/c	Dr.		20,000
	To Capital A/c				20,000
	(Additional Capital introduced by proprietor, not recorded in the capital account, now rectified)
5	Suspense A/c	Dr.		3,300
	To Patel				3,300
	( Cash received from Patel, was not recorded in his personal account, now rectified)
6	Kishor	Dr.		6,565
	To Suspense A/c				6,565
	(Goods sold to Kishor on credit was not recorded in his personal account, now rectified)