Question

Rectify the following errors;
i) Purchases Book has been undercast by Rs. 2,800.
ii) Total of one page of the Sales Book was carried forward to the next page
as Rs.3,785 instead of Rs.3,875.
iii) Credit sale of Rs.2,500 to Rohit was posted to Mohit`s Account.
iv) Paid cartage for the newly purchased furniture Rs.1,600, posted to
Cartage Account.

Answer 1

Answer:

1. purchase account. dr 2800

To Suspense account. 2800

2. Suspense account dr 90

To sales account. 90

3. Rohit. dr. 2500

To Mohit. 2500

4. Furniture account dr 1600

To cartage account. 1600

Answer 2

The questions are from 'Rectification of errors'

AnswEr :

i) Purchases Book has been undercast by Rs. 2,800.

To undercasting of purchase book Rs.2800

ii) Total of one page of the Sales Book was carried forward to the next page as Rs.3,785 instead of Rs.3,875.

To mistake in posting Rs.90

iii) Credit sale of Rs.2,500 to Rohit was posted to Mohit`s Account.

Rohit A/c Dr. Rs.2500

To Mohit A/c . Rs.2500

iv) Paid cartage for the newly purchased furniture Rs.1,600, posted to Cartage Account.

Furniture A/c Dr. Rs.1600

To Cartage A/c. Rs1600