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Question 20 Chapter 10 – Unimax Publications of Class 11
20. Give rectifying entries of the following:
(1) Sales of ₹ 20,000 to Manoj were recorded as ₹ 2,000 in sales book.
(2) An amount of ₹ 25,000 spent for the extension of machinery has been debited to wages account.
(3) Total of sales return book was undercast by ₹ 4,750.
(4) Goods of ₹ 3,000 sold to Mahesh, but it was recorded in purchases book.
The solution of Question 20 Chapter 10 – Unimax Publications of Class 11
| Journal | ||||||
| Date | Particulars | L.F. | Debit | Credit | ||
| 1 | Manoj’s A/c | Dr. | 18,000 | |||
| To Sales A/c | 18,000 | |||||
| (Being sales to Manoj of ₹ 20,000 in sales book, now rectified) | ||||||
| 2 | Machinery A/c | Dr. | 25,000 | |||
| To Wages A/c | 25,000 | |||||
| (Being spent of erection of machinery, debited to wages a/c, now rectified) | ||||||
| 3 | Sales Returns A/c | Dr. | 4,750 | |||
| To Suspense A/c | 4,750 | |||||
| (Being total of sales returns book under cast, now rectified) | ||||||
| 4 | Mahesh’s A/c | Dr. | 6,000 | |||
| To Sales A/c | 3,000 | |||||
| To Purchases A/c | 3,000 | |||||
| (Being goods sold to Mahesh but recorded in purchases book, now rectified) | ||||||
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