The Total solution for NCERT class 6-12
Journal Recordings to rectify the errors
Date
Particulars
L.F
Debit Amount ₹
Credit Amount ₹
i.
Mohan’s A/c Dr.
7,000
To Karan’s A/c
5,000
To Suspense A/c
(Credit Sales to Mohan, Error rectification recording, Credit sales to Mohan for ₹ 7,000 were posted to Karan as ₹ 5,000)
2,000
ii.
Suspense A/c Dr.
19,000
To Rohan’s A/c
9,000
To Gobind’s A/c
(Credit purchases from Rohan, Error rectification recording, Credit purchases from Rohan ₹ 9,000 were posted to the debit of Gobind as ₹ 10,000)
10,000
iii.
Rakesh’s A/c Dr.
4,000
Naresh’s A/c Dr.
3,000
(Goods returned to Rakesh, Error rectification recording, Goods returned to Rakesh ₹ 4,000 were posted to the credit of Naresh as ₹ 3,000)
iv.
To Mahesh’s A/c
1,000
To Manish’s A/c
(Goods returned from Mahesh, Error rectification recording, Goods returned from Mahesh ₹ 1,000 were posted to the debit of Manish as ₹ 2,000)
v.
Commission A/c Dr.
200
1,800
To Sales A/c
(Cash sales, Error rectification recording, Cash sales ₹ 2,000 were posted to commission account as ₹ 200)
Suspense A/c
Dr.
Cr.
J.F.
Amount ₹
To Rahan’s A/c
By Mohan’s A/c
By Rakesh’s A/c
By Naresh’s A/c
By Balance c/d
14,800
Total
23,800
Hence, the trialbalance has a ₹14,800 excess credit.