Question

Rectify the following errors

(i) Salary paid Rs. 5,000 was debited to employee's personal account.

(ii) Rent paid Rs. 4,000 was posted to landlord's personal account.

(iii) Goods withdrawn by proprietor for personal use Rs 1,000 were debited to sundry expenses account.

(iv) Cash received from Kohli Rs. 2,000 was posted to Kapur's account.

(v) Cash paid to Babu Rs. 1,500 was posted to Sabu's account.

(vi) Goods sold to Rohan on credit amounting to Rs. 700 were omitted from the accounts although cash received subsequently from him stands posted to his credit.

(vii) On 31st March, goods of the value of Rs. 6,000 were returned by Rohan and were taken into stock on the same date but entry was not passed in the books.

Answer 1

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

$\begin{array}{ccccc}\text{Date}& \text{Particulars}& \text{LF}& \text{Amt (Dr)}& \text{Amt (Cr)}\\ \text{(i)}& \text{Salaries A/c}\text{Dr}& & 5,000& \\ & \text{To Employee's A/c}& & & \text{5,000}\\ & \text{(Salary paid to employee Rs.5,000.}& & & \\ & \text{wrongly debited to employee's personal}& & & \\ & \underset{–}{\text{account, now rectified)}}& & & \\ \text{(ii)}& \text{Rent A/c}\text{Dr}& & 4,000& \\ & \text{To Landlord's A/c}& & & \text{4,000}\\ & \text{(Rent paid landlord Rs. 4,000.}& & & \\ & \text{wrongly posted to landlord's personal}& & & \\ & \underset{–}{\text{account, now rectified)}}& & & \\ \text{(iii)}& \text{Drawings A/c}\text{Dr}& & 1,000& \\ & \text{To Sundry Expenses A/c}& & & \text{1,000}\\ & \text{(Goods withdrawn by proprietor}& & & \\ & \text{for his personal use Rs. 1,000 were wrongly}& & & \\ & \underset{–}{\text{recorded as sundry expenses, now rectified)}}& & & \\ \text{(iv)}& \text{Kapur's A/c}\text{Dr}& & 2,000& \\ & \text{To Kohli's A/c}& & & \text{2,000}\\ & \text{(Cash received from Kohli, recorded}& & & \\ & \underset{–}{\text{in Kapur's account, now rectified)}}& & & \\ \text{(v)}& \text{Babu's A/c}\text{Dr}& & 1,500& \\ & \text{To Sabu's A/c}& & & \text{1,500}\\ & \text{(Cash paid to Babu was posted}& & & \\ & \underset{–}{\text{wrongly to Sabu's account, now rectified)}}& & & \\ \text{(vi)}& \text{Rohan's A/c}\text{Dr}& & 700& \\ & \text{To Sales A/c}& & & \text{700}\\ & \text{(Rectification of goods sold to}& & & \\ & \underset{–}{\text{Rohan not recorded in the books)}}& & & \\ \text{(vii)}& \text{Return Inwards A/c}\text{Dr}& & 6,000& \\ & \text{To Rohan's A/c}& & & \text{6,000}\\ & \text{The entry of goods returned by}& & & \\ & \text{Rohan and taken into stock omitted from}& & & \\ & \text{records)}& & & \end{array}$