Question

Rectify the following errors:
1. Paid Rent ₹ 2,000/- to Nikhil has been debited to his personal account.
2. Total of the Sales Return Book is wrongly taken more by ₹ 200/-
3. Goods sold to Dhanraj ₹ 6,500/- on credit were not posted to his personal account.
4. Old Computer purchased was debited to Repairs account ₹ 8,000/-
5. Repairs to Furniture of ₹ 500/- have been debited to Furniture account.

Answer 1

Journal Proper
Date	Particulars	L.F.	Debit (₹)	Credit (₹)
(1)	Rent A/c   ...Dr.		2,000
	To Nikhil A/c			2,000
	(Being rent paid to Nikhil debited to his personal account, now rectified)
(2)	No journal entry is required as it is affecting only one account. It is rectified by crediting sales return A/c with ₹ 200.
(3)	No journal entry is required as it is affecting only one account. It is rectified by debiting Dhanraj's A/c with ₹ 6,500.
(4)	Computer A/c   ...Dr.		8,000
	To Repairs A/c			8,000
	(Being purchase of old computer debited to repairs account, now rectified)
(5)	Repairs to Furniture A/c   ...Dr.		500
	To Furniture A/c			500
	(Being repairs to furniture debited to furniture A/c, now rectified)
	Total (₹)		10,500	10,500

 

Working Note:

Sr. No.	Wrong Entry	Reverse Entry	Correct Entry	Rectifying Entry
(1)	Nikhil A/c   ...Dr.  2,000 To Cash A/c  2,000	Cash A/c   ...Dr.  2,000 T o Nikhil A/c  2,000	Rent A/c  ...Dr. 2,000 To Cash A/c  2,000	Rent A/c   ...Dr.  2,000 To Nikhil A/c   2,000
(3)	______  ...Dr. To Sales A/c 6,500	Sales A/c   ...Dr. 6,500 To______	Dhanraj's A/c  ...Dr. 6,500 To Sales A/c  6,500	Dhanraj's A/c  ...Dr. 6,500
(4)	Repairs A/c  ...Dr.  8,000 To Cash A/c 8,000	Cash A/c   ...Dr.  8,000 To Repairs A/c  8,000	Computer A/c  ...Dr.  8,000 To Cash A/c  8,000	Computer A/c  ...Dr. 8,000 To Repairs A/c  8,000
(5)	Furniture A/c   ...Dr.  500 To Cash A/c 500	Cash A/c   ...Dr.  500 To Furniture A/c  500	Repairs to furniture A/c   ...Dr.  500 To Cash A/c  500	Repairs to furniture A/c ...Dr.  500 To Furniture A/c  500