The Total solution for NCERT class 6-12
Journal Recordings to rectify the errors
Date
Particulars
L.F
Debit Amount ₹
Credit Amount ₹
i.
Suspense A/c Dr.
6,000
To Furniture A/c
(Depreciation written-off the furniture, Error rectification recording, was not posted furniture account)
ii.
Rupam’s A/c Dr.
3,000
To Sales A/c
(Credit Sales to Rupam, Error rectification recording, was wrongly recorded as ₹ 7,000 instead of ₹ 10,000)
iii.
Purchases A/c Dr.
2,000
To Suspense A/c
(Purchases book undercasting rectification, Error rectification recording)
iv.
Cash A/c Dr.
5,000
(Cash sales, Error rectification recording, were not posted earlier)
v.
Sales A/c Dr.
7,000
To Machinery A/c
(Old machinery sold out, Error rectification recording, was wrongly credited to sales account instead of machinery account earlier)
vi.
Kanan’s A/c Dr.
800
To Discount Received A/c
(Discount received from Kanan, Error rectification recording, was not posted earlier)
Suspense Account
Dr.
Cr.
J.F.
Amount ₹
By Balance b/d
10,000
To Balance b/d
By Purchases A/c
Total
12,000
Hence, the creditbalance is ₹ 6000