Question

Omission made for purchase of Machinery worth Rs 50000 (Rectify with Journal Entry) Goods purchase from Text worth Rs. 10000 erroneously entered in the ledger of Mr. Texla (Rectify with Journal Entry) * Add file Omission made for purchase of Machinery worth Rs 50000 (Rectify with Journal Entry) Goods purchase from Text worth Rs. 10000 erroneously entered in the ledger of Mr. Texla (Rectify with Journal Entry) * Add file​

Answer 1

Answer:

below

Explanation:

machinery a/c dr. 10000

to purchases a. 10000

Answer 2

Answer:

Date Particulars L.F. Debit Amount (Rs) Credit Amount (Rs)

i) Mridula’s A/c Dr. 5,000

To Sales A/c

5,000

(Credit sales to Mridula were omitted to be recorded)

ii) Purchases A/c Dr. 8,000

To Nayna’s A/c

8,000

(Credit purchases from Nayna were omitted to be recorded)

iii) Priya’s A/c Dr. 12,000

To Purchases Return A/c

12,000

(Goods returned to Priya were omitted to be recorded)

iv) Sales Return A/c Dr. 10,000

To Rashi’s A/c

10,000

(Goods returned from Rashi were omitted to be recorded)