Question

Rectify the following entries : A. Rs.12080 realised by selling old machinery credited to sales account. B. Rs.1000 recieved on account of old machinery sold was posted as cash sales. C. A sum of Rs.150 paid to the chowkidar as his salary for the month of february was debited to the drawing account of the proprietor. D. Payment of rent of proprietor's residence amounting to Rs.2000 was debited to rent account. D. payment of salaries amounting to Rs.1500 was debited to salaries amccount twice. E. The sales day book is totalled Rs.10 short. F. Payment of trade expenses Rs.55 not posted. G. goods bought from H .haridas for Rs.100 is wrongly posted to the debit of his account. H. Furniture purchased from ram lal furniture makers for Rs.1000 on credit was passed through purchases book. I. The total of the credit side of ramesh's account was overcast by Rs.100 J. the total of returns outward book amounting to Rs.200 was not posted to the ledger. K. Rs.1300 being repair to buildings had been wrongly credited to buildings account. L. Goods purchased for Rs.125 have been posted to the debit of the supplier madan & co. M.Rs.2000 included in wages account was spent on the construction of the cycle shed in the factory.

Answer 1

A. suspense a/c
to sales
b. suspense A/c
to cash sales
c.salary a/c
to drawing
d