Question

Rectify the following errors:
(i) Goods purchased from Kunal for ₹ 8,000 and from Kapil of ₹ 9,000 recorded correctly in the Purchases Book. However, ₹ 9,000 was posted to Kunal and ₹ 8,000 to Kapil.
(ii) Anil's Account was excess debited by ₹ 500 while Suraj's Account was short debited by ₹ 500.
(iii) Parkar's Account was short credited by ₹ 700 while Manisha's Account was excess credited by ₹ 700.
(iv) Goods sold to Roopak for ₹ 1,000 and to Sagar for ₹ 1,800 recorded correctly in the Sales Book. However, ₹ 1,800 was posted to Roopak and ₹ 1,000 to Sagar.

Answer 1

Journal
Date	Particulars		L.F.	Debit Amount (₹)	Credit Amount (₹)
i)	Kunal’s A/c	Dr.		1,000
	To Kapil’s A/c				1,000
	(Being correcting goods purchased from Kunal and Kapil posted with wrong amounts)
ii)	Suraj’s A/c	Dr.		500
	To Anil’s A/c				500
	(Being rectifying wrong debit and credit to the accounts)
iii)	Manisha’s A/c	Dr.		700
	To Parkar’s A/c				700
	(Being rectifying excess and short credits in the accounts)
iv)	Roopak’s A/c	Dr.		800
	To Sagar’s A/c				800
	(Being correcting goods sold to Roopak and Sagar posted with wrong amounts)