Question

Rectifythe following errors :

(a)	Sales book undercast by Rs 300.
(b)	Purchases book undercast by Rs 400.
(c)	Return Inwards book undercast by Rs 200.
(d)	Return outwards book undercast by Rs 100.

Answer 1

Journal
S. No.	Particulars					L.F.	Debit Amount Rs	Credit Amount Rs
(a)	Suspense A/c				Dr.		300
		To Sales A/c						300
	(Sales Book undercast by Rs 300, now rectified)
(b)	Purchases A/c				Dr.		400
		To Suspense A/c						400
	(Purchases Book undercast by Rs 400, now rectified)
(c)	Return Inwards A/c			Dr.			200
		To Suspense A/c						200
	(Return Inwards Book undercast by Rs 200, now rectified)
(d)	Suspense A/c			Dr.			100
		To Return Outwards A/c						100
	(Return Outwards Book undercast by Rs 100, now rectified)