Question

Rectify the following errors :
Credit purchases from Raghu Rs. 20,000
(i) were not recorded.
(ii) were recorded as Rs. 10,000.
(iii) were recorded as Rs. 25,000.
(iv). were not posted to his account.
(v) were posted to his account as Rs. 2,000.
( vi) were posted to Reghav's account.
(vii) were posted to the debit of Raghu's account.
(viii) were posted to the debit of Raghav.
(ix) were recorded through sales book.​

Answer 1

1) purchases A/c. Dr 20000
To Raghu A/c. 20000

2) purchases A/c. Dr 10000
To Raghu A/c. 10000

3) Raghu A/c Dr 5000
To purchases. 5000

4) Raghu account will be credited with 20000

5) Raghu AC will b credited with 18000

6)raghav. A/c. Dr 20000
To Raghu a/c. 20000

7) Raghu account will b credited by 40000

8) purchases A/ c dr 40000
To Raghav a/c. 20000
To Raghu a/c. 20000

9) sales a/c. Dr 20000
Purchases. Dr 20000
To Raghu. 40000