1.

Rectify the following errors:1. Stationery purchased for ₹500 has been wrongly debited to drawings a/c.2. A credit sale of ₹1,500 has been wrongly passed through the purchase book.3. ₹4,000 received from Sidhu have been posted on the credit side of his account ₹4,400.4. Salary ₹10,000 paid to Mr. Shaju was debited to his personal account.

Answer»

Journal

DateParticularsLFDebitCredit
1.Office stationary A/c  Dr
  Drawings
[The purchase of Stationary wrongly debited to drawing a/c, now rectified]		500
500
2.Debtors A/c    Dr
  Sales A/c
   Purchase A/c
[Rectification of a wrong entry in purchase book for a credit sales of goods]		3,000
1,500
1,500
3.Sidhu's a/c has been credited more by Rs 400. 
To Correct this error his account is to debited with Rs 400
4. Salaries A/c    Dr
  To shaju's A/c		1,000
1,000


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