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Question 23 Chapter 10 – Unimax Publications of Class 11
23. Give rectifying journal entries for the following errors:
(a) Sales return book is undercast by ₹ 2,000.
(b) Goods worth ₹ 2,400 purchased on credit from Vikram were entered in the sales book. However Vikram’s account had been correctly credited.
(c) An old machine sold for ₹ 4,200 was entered in the sales book.
(d) Repair to Building ₹ 2,900 were debited to building account.
(e) ₹ 2,050 paid to Rohit the creditor is posted to the debit of Mohit, another creditor as ₹ 5,020.
The solution of Question 23 Chapter 10 – Unimax Publications of Class 11
| Journal | |||||
| Date | Particulars | L.F. | Debit | Credit | |
| a. | Sales returns A/c | Dr. | 2,000 | ||
| To Suspense A/c | 2,000 | ||||
| (Being sales returns book undercast, now rectified) | |||||
| b. | Purchases A/c | Dr. | 2,400 | ||
| Sales A/c | Dr. | 24,00 | |||
| ToSuspense A/c | 4,800 | ||||
| (Being purchases from Vikram entered in sales book but his a/c correctly credited, now rectified) | |||||
| c. | Sales A/c | Dr. | 4,200 | ||
| To Machinery A/c | 4,200 | ||||
| (Beingold machinery sold rewarded in sales book, now rectified) | |||||
| d. | Repair A/c | Dr. | 2,900 | ||
| To Building A/c | 2,900 | ||||
| (Being repair to building debited to repair a/c, now rectified) | |||||
| e. | Rohit’s A/c | Dr. | 2,050 | ||
| ToMohit’s A/c | 2,050 | ||||
| (Being paid to Rohit a creditor, posted to Dr. of Mohit, now rectified) | |||||
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