Question

Rectify the following errors.

(a) Depreciation provided on machinery Rs. 4,000 was not posted.

(b) Bad debts are written off Rs. 5,000 were not posted.

(c) Discount allowed to a debtor Rs. 100 on receiving cash from him was not posted.

(d) Discount allowed to a debtor Rs. 100 on receiving cash from him was not posted to discount account.

(e) Bill receivable for Rs. 2,000 received from a debtor was not posted.

Answer 1

$\begin{array}{cccccc}\text{Date}& \text{Particulars}& & \text{LF}& \text{Amt. (Dr)}& \text{Amt. (Cr)}\\ \text{(a)}& \text{Depreciation A/c}& \text{Dr}& & 4,000& \\ & \text{To Machinery A/c}& & & & 4,000\\ & \text{(Depreciation charged on machinery}& & & & \\ & \text{was not posted, now rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(b)}& \text{Bad Debts A/c}& \text{Dr}& & 5,000& \\ & \text{To Debtor's A/c}& & & & 5,000\\ & \text{(Bad debts written off on debtors were}& & & & \\ & \text{not posted, now rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(c)}& \text{Discount Allowed A/c}& \text{Dr}& & 100& \\ & \text{To Debtor's A/c}& & & & 100\\ & \text{(Ddiscount allowed to debtor was not}& & & & \\ & \text{posted, now rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(d)}& \text{Discount Allowed A/c}& \text{Dr}& & 100& \\ & \text{To Suspense A/c}& & & & 100\\ & \text{(Discount allowed to debtor was not}& & & & \\ & \text{posted in discount account, now rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(e)}& \text{Bills Receivable A/c}& \text{Dr}& & 2,000& \\ & \text{To Debtor's A/c}& & & & 2,000\\ & \text{Bills receivable received from debtors}& & & & \\ & \text{not posted, now rectified)}& & & & \end{array}$