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Question -

Rectify the following errors:
1. Salary paid Rs. 5,000 was debited to employee’s personal account.
2. Rent Paid Rs. 4,000 was posted to landlord’s personal account.
3. Goods withdrawn by proprietor for personal use Rs. 1,000 were debited to sundry expenses account.
4. Cash received from Kohli Rs. 2,000 was posted to Kapur’s account.
5. Cash paid to Babu Rs. 1,500 was posted to Sabu’s account.



Answer -

Journal Recordings to rectify the errors

 

Date

Particulars

L.F

Debit
Amount

Credit
Amount

i.

Salary Account Dr.

5,000

To Employee’s A/c

(Salary paid to the employee, Error rectification recording, was erroneously credited to the employee’s personal account)

5,000

ii.

Rent Account Dr.

4,000

To Landlord’s A/c

(Rent paid to the landlord, Error rectification recording, was erroneously credited to the landlord’s personal account)

4,000

iii.

Drawings Account Dr.

1,000

To Sundry Expenses A/c

(Goods drawn by the proprietor for personal use, Error rectification recording, was erroneously debited to the sundry expenses account)

1,000

iv.

Kapur’s Account Dr.

2,000

To Kohli’s A/c

(Cash received from Kohli, Error rectification recording, was erroneously posted to Kapur’s account)

2,000

v.

Babu’s Account Dr.

1,500

To Sabu’s A/c

(Cash paid to Babu, Error rectification recording, was erroneously posted to Sabu’s account)

1,500

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