Question

Rectify the following errors:
(i) Purchases Book is overcast by ₹ 500.
(ii) Salary paid to an employee, Mr. Ajay, is debited to his Personal account ₹ 3,000.
(iii) Goods sold to Shashi on credit ₹ 300 have been wrongly passed through the Purchases Book.
(iv) Total of Returns Inward Book has been added ₹ 9 short.
(v) Purchase of chair from Happy Traders for ₹ 35 has been entered in the Purchases Book as ₹ 53.

Answer 1

Journal
Date	Particular		L.F.	Debit Amount Rs	Credit Amount Rs
(i)	Suspense A/c	Dr.		500
	To Purchases A/c				500
	(Purchase Book was over cast now rectified)
(ii)	Salaries A/c	Dr.		3,000
	To Mr. Ajay				3,000
	(Salary paid to Mr. Ajay was debited wrongly to Mr. Ajay’s Account)
(iii)	Shashi	Dr.		600
	To Sales A/c				300
	To Purchases A/c				300
	( Goods sold to Shashi was wrongly passed through Purchases Book, now rectified)
(iv)	Return Inwards A/c	Dr.		9
	To Suspense A/c				9
	(Return Inwards Book was added short by Rs 9, now rectified)
(v)	Furniture A/c	Dr.		35
	Happy Traders A/c	Dr.		18
	To Purchases A/c				53
	(Purchase of Chair Rs 35 was recorded in the Purchases Book As Rs 53, now rectified)