Question

Rectify the following errors,

(a) Depreciation provided on machinery Rs. 4,000 was posted as Rs. 400.

(b) Bad debts are written off Rs. 5,000 were posted as Rs. 6,000.

(c) Discount allowed to a debtor Rs. 100 on receiving cash from him was posted as Rs. 60.

(d) Goods are withdrawn by the proprietor for personal use Rs. 800 were posted as Rs. 300.

(e) Bill receivable for Rs. 2,000 received from a debtor was posted as Rs. 3,000.

Answer 1

$\begin{array}{cccccc}\text{Date}& \text{Particulars}& & \text{LF}& \text{Amt. (Dr)}& \text{Amt. (Cr)}\\ \text{(a)}& \text{Depreciation A/c}& \text{Dr}& & 3,600& \\ & \text{To Machinery A/c}& & & & 3,600\\ & \text{(Depreciation charged on machinery}& & & & \\ & \text{Rs. 4,000, wrongly posted as Rs. 400, now rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(b)}& \text{Debtor's A/c}& \text{Dr}& & 1,000& \\ & \text{To Bad Debts A/c}& & & & 1,000\\ & \text{(Bad debts of Rs. 5,000, wrongly charged}& & & & \\ & \text{as Rs. 6,000, now rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(c)}& \text{Discount Allowed A/c}& \text{Dr}& & 40& \\ & \text{To Debtor's A/c}& & & & 40\\ & \text{(Discount allowed to debtors Rs. 100}& & & & \\ & \text{wrongly recorded as Rs. 60, now rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(d)}& \text{Drawings A/c}& \text{Dr}& & 500& \\ & \text{To Purchase A/c}& & & & 500\\ & \text{(Drawings of Rs. 800 wrongly recorded in}& & & & \\ & \text{the books as Rs. 300, now rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(e)}& \text{Debtor's A/c}& \text{Dr}& & 1,000& \\ & \text{To Bills Receivable A/c}& & & & 1,000\\ & \text{Bills receivable for Rs. 2,000 received}& & & & \\ & \text{from debtor, wrongly posted as Rs. 3,000, now}& & & & \\ & \text{rectified)}& & & & \end{array}$