Question

Rectify the following errors by making necessary journal entries in the General journal.<br />a) A Cash sales of Rs.3,750 to Rahat correctly entered in the Cash Book but also posted to the credit of his personal account.<br />b) Goods returned by Moeen Rs. 300 have been entered in the Returns Outwards Book. However, Moeens account has been correctly posted.<br />C) The purchase Book has been under casted by Rs.900,Rs.600 and Rs.1,500 respectivly on consecutive three pages.<br />ď) purchase of Furniture on credit from Lahore Furniture for Rs. 7500 was entered in the purchase Book.<br />e) The account of a debtor for Rs. 12,000 had been written off as bad, but the entry had been made only in the personal account.<br />f) The sales book was under cost by Rs.50, Rs.175 and Rs. 75 respectively consecutive three pages.​

Answer 1

Answer:

a) Rahat Dr 3750

To sales a/c. 3750

b). sales return a/c dr. 300

purchase return a/c dr 300

To suspense a/c. 600

c) purchase a/c dr. 3000

To suspense a/c 3000

d). furniture a/c dr. 7500

To purchase a/c. 7500

e). Bad debt. dr 12000

To suspense a/c. 12000

f) suspense a/c. dr. 300

To sales a/c. 300