Rectify the following errors:
(a) Credit sales to Mohan 7,000 were posted to Karan.
(b) Credit purchases from Rohan9,000 were posted to Gobind.
(c) Goods returned to Rakesh 4,000 were posted to Naresh.
(d) Goods returned from Mahesh 1,000 were posted to Manish.
(e) Cash sales 2,000 were posted to commission account.
Answers
Answer:
Question
Rectify the following errors
(a) Credit sales to Mohan Rs. 7000 were posted to Karan.
(b) Credit purchase from Rohan Rs. 9000 were posted to Gobind
(c) Goods returned to Rakesh Rs. 4000 were posted to Naresh
(d) Goods returned from Mahesh Rs. 1000 were posted to Manish.
(e) Cash sales Rs. 2000 were posted to commission account.
Solution
Rectification Entries in Journal
Date
Particulars
LF
Amt. (Dr)
Amt. (Cr)
(a)
Mohan
Dr
7000
To Karan
7000
(Being goods sold to Mohan wrongly posted
to Karan's Account, now rectified)
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
(b)
Gobind
Dr
9000
To Rohan
9000
(Being credit purchase from Rohan, wrongly
posted to Gobind's Account, now rectified)
(c)
Rakesh
Dr
4000
To Naresh
4000
(Being goods returned to Rakesh wrongly
posted in Naresh's Account, now rectified)
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
(d)
Manish
Dr
1000
To Mahesh
1000
(Being goods returned by Mahesh wrongly
posted in Manish's Account, now rectified)
(e)
Commission A/c
Dr
2000
To Sales A/c
2000
(Being cash sales wrongly posted to
commission account, now rectified)