Question

Rectify the following errors.

(a) Sales book overcast by Rs. 700.

(b) Purchase book overcast by Rs. 500.

(c) Sales return book overcast by Rs. 300.

(d) Purchase return book overcast by Rs. 200.

Answer 1

Rectification Entries in Journal

$\begin{array}{cccccc}\text{Date}& \text{Particulars}& & \text{LF}& \text{Amt. (Dr)}& \text{Amt. (Cr)}\\ \text{(a)}& \text{Sales A/c}& \text{Dr}& & 700& \\ & \text{To Suspense A/c}& & & & 700\\ & \text{(Sales book overcast by 700, now}& & & & \\ & \text{rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(b)}& \text{Suspense A/c}& \text{Dr}& & 500& \\ & \text{To Purchase A/c}& & & & 500\\ & \text{(Purchase book overcast by Rs. 500, now}& & & & \\ & \text{rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(c)}& \text{Suspense A/c}& \text{Dr}& & 300& \\ & \text{To Sales Return A/c}& & & & 300\\ & \text{(Sales return book overcast by Rs. 300,}& & & & \\ & \text{now rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(d)}& \text{Purchase Return A/c}& \text{Dr}& & 200& \\ & \text{To Suspense A/c}& & & & 200\\ & \text{(Purchase return book overcast by Rs}& & & & \\ & \text{200, now rectified)}& & & & \end{array}$