Question

Question 29.
Rectify the following errors:
(i) Wages paid for the construction of office debited to the Wages Account, ₹ 5,000
(ii) Machinery purchased for ₹ 35,000 was passed through the Purchases Book.
(iii) Old furniture sold for ₹ 1,000, passed through the Sales Book.
(iv) ₹ 2,000 paid to Mehta Bros. against acceptance were debited to Malhotra Bros. Account.
(v) Sales of ₹ 204 to Ram debited to his account as ₹ 402 and purchases of ₹ 1,012 from Shyam credited to his account as ₹ 1,210.

Answer 1

The correct journal entries are -

1) Building A/c Dr. 5000

To Wages A/c 5000

( Being Wages paid for the construction of office debited wrongly to Wages Account, now rectified)

2) Machinery A/c Dr. 35,000

To Purchases A/c 35,000

( Being purchase of machinery wrongly entered now rectified)

3) Sales A/c Dr. 1000

To furniture A/c 1000

( Being sale of old furniture wrongly passed to sales book now rectified)

4) Bills payable A/c Dr. 2000

To Malhotra Bros A/c 2000

( Being amount paid to Mehta Bros. against acceptance debited wrongly to Malhotra Bros. Account. now rectified)

5) Shyam A/c Dr. 198

To Ram A/c 198

( Being the amount of Ram A/c wrongly debited to Shyam A/c now rectified)