Rectify the following errors. [10]
Credit sales to Mohan ₹7,000 were not recorded.
Credit purchases from Rohan ₹9,000 were recorded as ₹900.
Goods returned to Rakesh ₹4,000 were recorded as ₹ 4,040.
Goods withdrawn by proprietor for personal use ₹1,000 were debited to sundry expenses account.
Cash received from Kohli ₹2,000 was posted to Kapur’s account.
Cash paid to Babu ₹1,500 was posted to Sabu’s account.
Credit Sales to Mohan ₹ 7,000 were recorded in purchases book.
Credit Purchases from Rohan ₹ 9, 00 were recorded in sales book.
Purchases book overcast by ₹500.
Sales return book overcast by ₹300.
Answers
Answer : rectified journal
transaction. debit. credit
1 Mohan a/c. Dr. 7000
to sales a/ 7000
2.purchases a/c Dr. 8100
to rohan a/c. 8100
3.purchase returns a/c Dr 40
to rakesh a/c. 40
4.Drawings a/c. Dr. 1000
to. sundry exp. a/c. 1000
5.kapur a/c. Dr. 2000
to kohli a/c. 2000
6.Babu a/c Dr. 1500
to sabu a/c 1500
7. Mohan a/c. Dr. 14000
to sales a/c. 7000
to purchase a/c 7000
8.purchase a/c Dr. 900
sales a/c. Dr. 900
to rohan a/c. 1800
9.suspense a/c Dr. 500
to purchase a/c. 500
10. suspense a/c Dr. 300
to sales return a/c. 300
pls. mark as brianliest