Question

Rectify the following errors.

(i) Cash received from Rajat Rs. 5,000 was posted to the debit of Kamal as Rs. 6,000.

(ii) Salary paid to an employee Rs. 2,000 was debited to his personal account as Rs. 1,200.

(iii) Goods withdrawn by proprietor for personal use Rs. 1,000 were credited to sales account as Rs. 1,600.

(iv) Depreciation provided on machinery Rs. 3,000 was posted to machinery account as Rs. 300.

(v) Sale of old car for Rs. 10,000 was credited to sales account as Rs. 6,000.

Answer 1

Rectification Entries Journal

$\begin{array}{ccccc}\text{Date}& \text{Particulars}& \text{LF}& \text{Amt(Dr)}& \text{Amt(Cr)}\\ \text{(i)}& \text{Suspense A/c}\text{Dr}& & \text{11,000}& \\ & \text{To Rajat}& & & \text{5,000}\\ & \text{To Kamal}& & & \text{6,000}\\ & \text{(Cash received from Rajat}& & & \\ & \text{Rs. 5,000. wrongly debited to}& & & \\ & \underset{–}{\text{Kamal's account as Rs. 6,000. now rectified)}}& & & \\ \text{(ii)}& \text{Salaries A/c}\text{Dr}& & \text{2,000}& \\ & \text{To Employee's A/c}& & & \text{1,200}\\ & \text{To Suspense A/c}& & & \text{800}\\ & \text{(Salary paid Rs. 2,000. wrongly}& & & \\ & \text{entered in employee's personal}& & & \\ & \underset{–}{\text{account as Rs. 1,200. now rectified)}}& & & \\ \text{(iii)}& \text{Sales A/c}\text{Dr}& & \text{1,600}& \\ & \text{To Purchases A/c}& & & \text{1,000}\\ & \text{To Suspense A/c}& & & \text{600}\\ & \text{(Goods withdrawn by proprietor Rs.}& & & \\ & \text{1,000 wrongly credited to sales account as}& & & \\ & \underset{–}{\text{Rs. 1,600. now rectified)}}& & & \\ \text{(iv)}& \text{Suspense A/c}\text{Dr}& & \text{2,700}& \\ & \text{To Machinery A/c}& & & \text{2,700}\\ & \text{(Depreciation charged on machinery}& & & \\ & \text{Rs. 3,000 wrongly credited to machinery}& & & \\ & \underset{–}{\text{account Rs. 300. now rectified)}}& & & \\ \text{(v)}& \text{Sales A/c}\text{Dr}& & \text{6,000}& \\ & \text{Suspense A/c}\text{Dr}& & \text{4,000}& \\ & \text{To Car A/c}& & & \text{10,000}\\ & \text{(Sale of old car for Rs. 10,000}& & & \\ & \text{wrongly posted in sales account as}& & & \\ & \underset{–}{\text{Rs. 6,000. now rectified)}}& & & \end{array}$