Question

Pass rectify entries for following errors which were located
ter preparing the trial balance.
(a) The sale book was overcast by
Rs. 500
(b) Credit purchases from Radha were
Rs. 6000
debit of her account as
Rs. 9000
(c) Wages paid Rs. 3980 were recorded in cash book as
Rs. 3890
(d) Goods returned from Ayan Rs. 8000 were recorded in
purchase return book.
4x4​

Answer 1

Answer:

Date

Particulars

L.F.

Debit

Amount

(Rs)

Credit

Amount

(Rs)

(i)

Suspense A/c

Dr.

10,000

To Purchases A/c

10,000

(Purchase book was overcastted by Rs 10,000, now rectified)

(ii)

Purchases Return A/c

Dr.

1,000

To Suspense A/c

1,000

(Purchase return book was overcastted by Rs 1,000, now rectified)

(iii)

Purchases Return A/c

Dr.

100

To Suspense A/c

100

(Purchase return book’s balance was carried forward in excess of Rs 100, now rectified)

(iv)

Suspense A/c

Dr.

1,000

To Purchases A/c

1,000

(Purchase book’s balance was carried forward in excess of Rs 1,000, now rectified)