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Question -

Rectify the following errors:
(a) Credit sales to Mohan Rs 7,000 were posted to Karan.
(b) Credit purchases from Rohan Rs 9,000 were posted to Gobind.
(c) Goods returned to Rakesh Rs 4,000 were posted to Naresh.
(d) Goods returned from Mahesh Rs 1,000 were posted to Manish.
(e) Cash sales Rs 2,000 were posted to commission account.



Answer -

Journal Recordings to rectify the errors

 

Date

Particulars

L.F

Debit
Amount

Credit
Amount

i.

Mohan’s A/c Dr.

7,000

To Karan A/c

(Credit sales to Mohan, Error rectification recording, erroneously recorded in Karan’s account)

7,000

ii.

Gobind’s A/c Dr.

9,000

To Rohan’s A/c

(Credit purchases from Rohan, Error rectification recording, erroneously recorded in Gobind’s account)

9,000

iii.

Rakesh’s A/c Dr.

4,000

To Naresh’s A/c

(Goods returned to Rakesh, Error rectification recording, erroneously recorded in Naresh’s account)

4,000

iv.

Manish’s A/c Dr.

1,000

To Mahesh’s A/c

(Goods returned from Mahesh, Error rectification recording, erroneously recorded in Manish’s account)

1,000

v.

Commission A/c Dr.

2,000

To Sales A/c

(Cash sales, Error rectification recording, erroneously recorded in commission account)

1,000

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