Question

The following errors were found in the book of Rajan & Sons. Give the necessary entries to correct them.

(i) Repairs made were debited to building account Rs. 100.

(ii) Rs. 200 paid for rent, debited to landlord's account.

(iii) Salary Rs. 250 paid to a clerk due to him has been debited to his personal account.

(iv) Rs. 200 received from Rina & co has been wrongly entered as from Reena & Co.

(v) Rs. 1,400 paid in cash for a typewriter was charged to office expenses account.

(vi) Credit sales to Mohan Rs. 7,000 were posted to Karan.

(viii) Credit purchase from Rohan Rs. 9,000 were posted to Gobind.

(viii) Goods returned to Rakesh Rs. 4,000 were posted to Naresh.

(ix) Goods returned from Mahesh Rs. 1,000 were posted to Manish.

(x) Cash sales Rs. 2,000 were posted to commission account.

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{Repairs A/c}\text{Dr}& & \text{100}& \\ & \text{To Building A/c}& & & \text{100}\\ & \text{(Correction of wrong debit}& & & \\ & \underset{–}{\text{to building account for repairs made})}& & & \\ \text{(ii)}& \text{Rent A/c}\text{Dr}& & \text{200}& \\ & \text{To Landlord's A/c}& & & \text{200}\\ & \text{(Correction of wrong debit}& & & \\ & \underset{–}{\text{to landlord's account for rent paid})}& & & \\ \text{(iii)}& \text{Salaries A/c}\text{Dr}& & \text{250}& \\ & \text{To Clerk's A/c}& & & \text{250}\\ & \text{(Correction of wrong debit}& & & \\ & \text{to clerk's personal account for}& & & \\ & \underset{–}{\text{salaries paid})}& & & \\ \text{(iv)}& \text{Reena \& Co.}\text{Dr}& & \text{200}& \\ & \text{To Rina \& Co.}& & & \text{200}\\ & \text{(Correction of wrong credit to}& & & \\ & \underset{–}{\text{Reena \& Co. Instead of Rina \& Co.})}& & & \\ \text{(v)}& \text{Typewriter A/c}\text{Dr}& & \text{1,400}& \\ & \text{To Office Expenses A/c}& & & \text{1,400}\\ & \text{(Correction of wrong debit to}& & & \\ & \text{office expenses account for}& & & \\ & \underset{–}{\text{purchases of typewriter})}& & & \\ \text{(vi)}& \text{Mohan's}\text{Dr}& & \text{7,000}& \\ & \text{To Karan's}& & & \text{7,000}\\ & \text{(Goods sold to Mohan, wrongly}& & & \\ & \text{posted to Karan's account, now}& & & \\ & \underset{–}{\text{rectified})}& & & \\ \text{(vii)}& \text{Gobind's}\text{Dr}& & \text{9,000}& \\ & \text{To Rohan's A/c}& & & \text{9,000}\\ & \text{(Credit purchase from Rohan,}& & & \\ & \text{wrongly posted to Gobind's account,}& & & \\ & \underset{–}{\text{Now rectified})}& & & \\ \text{(viii)}& \text{Rakesh's A/c}\text{Dr}& & \text{4,000}& \\ & \text{To Naresh's A/c}& & & \text{4,000}\\ & \text{(Goods returned to Rakesh,}& & & \\ & \text{wrongly posted in Naresh's account,}& & & \\ & \underset{–}{\text{now rectified})}& & & \\ \text{(ix)}& \text{Manish's A/c}\text{Dr}& & \text{1,000}& \\ & \text{To Mahesh's A/c}& & & \text{1,000}\\ & \text{(Goods returned by Mahesh,}& & & \\ & \text{wrongly posted in Manish's account,}& & & \\ & \underset{–}{\text{Now rectified})}& & & \\ \text{(x)}& \text{Commission A/c}\text{Dr}& & \text{2,000}& \\ & \text{To Sales A/c}& & & \text{2,000}\\ & \text{(Cash sales wrongly posted to}& & & \\ & \text{commission account, now rectified}& & & \end{array}$