Question

Rectify the errors if any from the following:
1. Total of the purchase book is Rs. 1,000 excess.
2. Discount allowed by Atma Ram, Rs.15, correctly entered in cash book, has
not been posted to his Alc.
3. Sale of goods. Rs. 200 to Suri has been entered in the sales book and debited (0
to Suri's Alc.
4. Purchase of furniture, Rs.600 has been entered in the purchase book and
credited to the party's A/c.
5. While posting a sale of Rs. 300 to Ram, his account has been debited.​

Answer 1

Answer:

Rectify the errors if any from the following:

1. Total of the purchase book is Rs. 1,000 excess.

2. Discount allowed by Atma Ram, Rs.15, correctly entered in cash book, has

not been posted to his Alc.

3. Sale of goods. Rs. 200 to Suri has been entered in the sales book and debited (0

to Suri's Alc.

4. Purchase of furniture, Rs.600 has been entered in the purchase book and

credited to the party's A/c.

5. While posting a sale of Rs. 300 to Ram, his account has been debited.