Question

Rectify the following errors:
1. A credit sale of goods to Sanjay ₹ 3,000/- has been wrongly passed through the ‘Purchase Book’.
2. A credit purchase of goods from Sheetal amounting to ₹ 2,000/- has been wrongly passed through the ‘Sales Book’.
3. A return of goods worth ₹ 500/- to Umesh was passed through the ‘Sales Return Book’.
4. A return of goods worth ₹ 900/- by Ganesh was entered in ‘Purchase Return Book’.
5. Credit Purchases from Neha ₹ 10,000/- were recorded as ₹ 11,000/-

Answer 1

Journal Proper
Date	Particulars	L.F.	Debit (₹)	Credit (₹)
(1)	Sanjay A/c    ...Dr.		6,000
	To Purchases A/c			3,000
	To Sales A/c			3,000
	(Being sale of goods passed through purchase book now rectified)
(2)	Purchases A/c    ...Dr.		2,000
	Sales A/c Dr.		2,000
	To Sheetal A/c			4,000
	(Being purchase of goods passed through sales book. now rectified)
(3)	Umesh A/c    ...Dr.		1,000
	To Purchase Return A/c			500
	To Sales Return A/c			500
	(Being purchase return of goods passed through sales return book, now rectified)
(4)	Purchase Return A/c   ...Dr.		900
	Sales Return A/c   ...Dr.		900
	To Ganesh A/c			1,800
	(Being sales return of goods passed through purchase return book, now rectified)			.
(5)	Neha A/c  ...Dr.		1,000
	To Purchases A/c			1,000
	(Being credit purchase from Neha ₹.10,000 recorded as ₹ 11,000, now rectified)
	Total (₹)		13,800	13,800

 

Working Note:

Sr. No.	Wrong Entry	Reverse Entry	Correct Entry	Rectifying Entry
(1)	Purchase A/c   ...Dr. 3,000 To Sanjay A/c  3,000	Sanjay A/c   ...Dr. 3,000 To Purchase A/c 3,000	Sanjay A/c,  ...Dr. 3,000 To Sales A/c  3,000	Sanjay A/c  ...Dr. 6,000 To Purchase A/c 3,000 To Sales A/c  3,000
(2)	Sheetal A/c   ..Dr. 2,000 To Sales A/c  2,000	Sales A/c ...Dr. 2,000 To Sheetal A/c 2,000	Purchase A/c  ...Dr. 2,000 To Sheetal A/c  2,000	Purchase A/c  ...Dr. 2,000 Sales A/c  ...Dr. 2,000 To Sheetal A/c 4,000
(3)	S.R. A/c   ...Dr.  500 To Umesh A/c  500	Umesh A/c   ...Dr. 500 To S.R. A/c  500	Umesh A/c  ...Dr. 500 To P.R A/c  500	Umesh A/c   ...Dr. 1,000 To P.R A/c  500 To S.R A/c  500
(4)	Ganesh A/c   ...Dr. 900 To P.R. A/c  900	P.R. A/c   ...Dr. 900 To Ganesh A/c 900	S.R. A/c   ...Dr.  900 To Ganesh A/c   900	P.R. A/c  ...Dr.  900 S.R. A/c   ...Dr. 900   To Ganesh A/c 1,800
(5)	Purchase A/c   ...Dr. 11,000 To Neha A/c  11,000	Neha A/c   ...Dr. 11,000 To Purchase A/c 11,000	Purchase A/c   ...Dr. 10,000 To Neha A/c  10,000	Neha A/c   ..Dr. 1,000 To Purchase A/c 1,000