| a) | Discount allowed a/c Dr
To ramesh's a/c
(Discount allowed to ramesh not recorded, now recorded) | 60 |
60 |
| b) | Ram's a/c Dr
To Discount received a/c
(Discount received from ram not posted, now rectified) | 80 |
80 |
| c) | Narayan's a/c Dr.
Suspense a/c Dr.
To Allowance a/c
(Bill receivables from Narayan Rs. 1000 Wrongly debited to allowance account as Rs. 10,000) | 1000
9000 |
10000 |
| d) | Naveen's a/c Dr.
Suspense a/c
To Mohan's a/c
(Cash received form Mohan Rs. 3000 wrongly posted to Naveen as Rs. 1000, now rectified) | 1000
2000 |
3000 |
| e) | Anu's a/c Dr.
To Bank a/c
To Discount allowed a/c
(Entry for dishonour of cheque not made in the books, now rectified) | 8000 |
7800
200 |
| f) | Sales a/c Dr.
To machinery a/c
(Sale of machinery wrongly recorded in sales book.) | 4000 |
4000 |
| g) | It was recorded through journal proper. From Jounal proper posting to all the accounts are made individually. Hence, no posting was made to depreciation account and machinery a/c. Therefore, rectification entry will be:
Depreciation a/c Dr
To Machinery a/c
(Depreciation on machinery no t posted, now correted) |
3000 |
3000 |
