Question

Rectify the following errors:
1. Machinery purchased for ₹ 9,000/- has been debited to Purchase Account.
2. ₹ 15,000/- paid to Indus Company for Machinery purchased stand debited to Indus Company Account.
3. Printer Purchased for ₹ 10,000/- was wrongly passed through Purchase Book.
4. ₹ 800/- paid to Mohan as Legal Charges were debited to his personal account.
5. Cash paid to Ramesh ₹ 500/- was debited to Suresh.

Answer 1

Journal Proper
Date	Particulars	L.F.	Debit (₹)	Credit (₹)
(1)	Machinery A/c    ...Dr.		9,000
	To Purchase A/c			9,000
	(Being purchase of machinery debited to purchase A/c, now rectified)
(2)	Machinery A/c    ...Dr.		15,000
	To Indus Company A/c			15,000
	(Being purchase of machinery debited to Indus co. A/c, now rectified)
(3)	Printer A/c    ...Dr.		10,000
	To Purchase A/c			10,000
	(Being purchase of printer passed through purchase book, now rectified)
(4)	Legal charges A/c    ...Dr.		800
	To Mohan's A/c			800
	(Being legal charges paid to Mohan debited to his account now rectified)
(5)	Ramesh's A/c     ...Dr.		500
	To Suresh's A/c			500
	(Being cash paid to Ramesh debited to Suresh, now rectified)
	Total (₹)		35,300	35,300

Working Note:

Sr. No.	Wrong Entry	Reverse Entry	Correct Entry	Rectifying Entry
(1)	Purchase A/c ...Dr. 9,000 To Cash A/c  9,000	Cash A/c ..Dr. 9,000 To Purchase A/c  9,000	Machinery A/c  ...Dr. 9,000 To Cash A/c  9,000	Machinery A/c ...Dr. 9,000 To Purchase A/c  9,000
(2)	Indus Co. A/c   ...Dr. 15,000 To Cash A/c 15,000	Cash A/c    ...Dr. 15,000 To Indus Co. A/c  15,000	Machinery A/c  ...Dr. 15,000 To Cash A/c  15,000	Machinery A/c   ...Dr. 15,000 To Indus Co. A/c  15,000
(3)	Purchase A/c   ...Dr. 10,000 To Party A/c 10,000	Party A/c  ...Dr. 10,000 To Purchase A/c  10,000	Printer A/c  ...Dr. 10,000 To Party A/c  10,000	Printer A/c  ...Dr. 10,000 To Purchase A/c  10,000
(4)	Mohan A/c  ...Dr. 800 To Cash A/c  800	Cash A/c   ...Dr. 800 To Mohan A/c 800	Legal charges A/c  ...Dr. 800 To Cash A/c  800	Legal charges A/c   ...Dr. 800 To Mohan A/c  800
(5)	Suresh A/c   ...Dr. 500 To Cash A/c  500	Cash A/c    ...Dr. 500 To Suresh A/c 500	Ramesh A/c  ...Dr. 500 To Cash A/c 500	Ramesh A/c   ...Dr. 500 To Suresh A/c  500