Question

Rectify the following errors:-
(a) ₹ 500 paid for the purchases of Radio set for the proprietor debited to General expenses account.
(b) Goods sold to Ram for ₹ 300 have been entered in the purchase book. However the account of Ram stands correctly posted.
(c) An amount of ₹ 50 paid to Kewal has been credited to the account of Kanwal.
(d) A sum of ₹ 450 paid as rent has been debited to Landlord's personal account.
(e) Wages paid for the month ₹ 300 was posted twice.
(f) Sales return book was undercast by ₹ 10.
(g) Goods for ₹ 100 have been returned by a customer. These have been taken into stock but no entry in respect thereof has been made in the books.
(h) Repairs ₹ 500 debited to machinery account as ₹ 550.

Answer 1

One Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
a)	Drawings A/c	Dr.		500
	To General Expenses A/c				500
	(Amount paid for purchase of radio for proprietor debited to General Expenses Account)
b)	Suspense A/c	Dr.		600
	To Sales A/c				300
	To Purchases A/c				300
	(Goods sold to Ram entered in Purchases Book)
c)	Kewal’s A/c	Dr.		50
	Kanwal’s A/c	Dr.		50
	To Suspense A/c				100
	(Amount paid to Kewal credited to Kanwal)
d)	Rent A/c	Dr.		450
	To Landlord’s Personal A/c				450
	(Payment of rent debited to Landlord’s Personal Account)
e)	Suspense A/c	Dr.		300
	To Wages				300
	(Payment of wages posted twice)
f)	Sales Return A/c	Dr.		10
	To Suspense A/c				10
	(Undercasting of Sales Return Book)
g)	Sales Return A/c	Dr.		100
	To Customer’s A/c				100
	(Goods returned by a customer omitted to be recorded)
h)	Repairs A/c	Dr.		500
	Suspense A/c	Dr.		50
	To Machinery A/c				550
	(Repairs debited to Machinery Account)