Rectify the following errors 1. Payment of salaries ` 25,000 to Sidhima was wrongly debited to his personal account in the ledger. 2. ` 700 paid for repairs to machinery was wrongly posted to Machinery account. 3. Sales of ` 30,000 to Vinit was not entered in the Sales Book. 4. Old furniture sold for ` 7,000 was entered in the Sales Book.
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Rectification Entries
Required rectification entries are as follows:
1.) Salaries A/c ...Dr - 25,000
To Sidhima's A/c - 25,000
(Being payment of salaries to Sidhima was wrongly debited to his personal account in the ledger, now rectified.)
2.) Repairs A/c ...Dr - 700
To machinery A/c - 700
(Being cash paid for repairs of machinery was wrongly posted to machinery account, now rectified.)
3.) Vinit's A/c ...Dr - 30,000
To sales A/c - 30,000
(Being sales to Vinit was not entered in the sales book, now rectified)
4.) Sales A/c ...Dr - 7,000
To Furniture A/c - 7,000
(Being old furniture sold was entered in sales book, now rectified)
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