Question

Question 9.
Pass the Journal entries rectifying the following errors:
(i) Purchases for ₹ 10,000 was omitted to be recorded.
(ii) Purchases of office furniture of ₹ 10,000 was recorded in Purchases Book.
(iii) Office Rent of ₹ 15,000 was debited to the Personal Account of the landlord.
(iv) Old machine was sold for ₹ 5,000 was credited to Sales Account.

Answer 1

I don't know the answer

Answer 2

The rectified journal entries are shown below:

Explanation:

The journal entries are as follows:

1.

Purchases A/c....................... Dr   Rs 10,000

       To Creditors A/c................Cr   Rs 10,000

The purchases have been omitted, now rectify

2.

Furniture A/c......................Dr   Rs 10,000

        To Purchases A/c.........Cr  Rs 10,000

The purchase has been recorded wrongly, now rectified

3.

Rent A/c........................Dr  Rs 15,000

   To Landlord's A/c........Cr  Rs 15,000

The rent is debited to landlord personal account, now rectified

4.

Sales A/c......................Dr  Rs 5,000

   To Machinery A/c...........Cr   Rs 5,000

The old machine was sold was credited to sales account, now rectified