Question

Rectify the following errors.

(i) Credit sales to Mohan Rs. 7,000 were recorded as Rs. 7,200.

(ii) Credit purchase from Rohan Rs. 9,000 were recorded as Rs. 9,900.

(iii) Goods returned to Rakesh Rs. 4,000 were recorded as Rs. 4,040.

(iv) Goods returned from Mahesh Rs. 1,000 were recorded as Rs. 1,600.

(v) Cash sale of Rs. 3,400 to Aroha was posted to the credit of Aroha.

(vi) Credit sale of old furniture to X for Rs. 3,400 was credited to the sales account.

(vii) Credit sale of old furniture to Vishal for Rs. 1,700 was posted as Rs. 7,100.

Answer 1

$\begin{array}{c}\text{Rectification Entries in Journal}\end{array}$

$\begin{array}{ccccc}\text{Date}& \text{Particulars}& \text{LF}& \text{Amt (Dr)}& \text{Amt (Cr)}\\ \text{(i)}& \text{Sales A/c}\text{Dr}& & 200& \\ & \text{To Mohan's A/c}& & & \text{200}\\ & \text{(Goods sold to Mohan for Rs.7,000}& & & \\ & \underset{–}{\text{were recorded as Rs. 7,200 now rectified)}}& & & \\ \text{(ii)}& \text{Rohan's A/c}\text{Dr}& & 900& \\ & \text{To Purchases A/c}& & & \text{200}\\ & \text{(Goods purchased from Rohan for Rs.}& & & \\ & \underset{–}{\text{9,000 recorded as Rs.9,900 now rectified)}}& & & \\ \text{(iii)}& \text{Purchases Return A/c}\text{Dr}& & 40& \\ & \text{To Rakesh's A/c}& & & \text{40}\\ & \text{(Goods returned to Rakesh for Rs.}& & & \\ & \underset{–}{\text{4,000 recorded as Rs.4,040 now rectified)}}& & & \\ \text{(iv)}& \text{Mahesh's A/c}\text{Dr}& & 600& \\ & \text{To Sales Return A/c}& & & \text{600}\\ & \text{(Goods returned to Rakesh Rs.1,000}& & & \\ & \underset{–}{\text{recorded as Rs. 1,600 now rectified)}}& & & \\ \text{(v)}& \text{Aroha's A/c}\text{Dr}& & 3,400& \\ & \text{To Suspense A/c}& & & \text{3,400}\\ & \text{(Cash sale posted to the credit of Aroha's}& & & \\ & \underset{–}{\text{account, now rectified)}}& & & \\ \text{(vi)}& \text{Sales A/c}\text{Dr}& & 3,400& \\ & \text{To Furniture A/c}& & & \text{3,400}\\ & \text{(The credit sale of old furniture}& & & \\ & \underset{–}{\text{credited to sales account, now rectified)}}& & & \\ \text{(vii)}& \text{Furniture A/c}\text{Dr}& & 5,400& \\ & \text{To Vishal}& & & \text{5,400}\\ & \text{(The credit sale of old furniture}& & & \\ & \text{to Vishal for Rs.1,700}& & & \\ & \underset{–}{\text{posted as Rs. 7,100, now rectified)}}& & & \end{array}$