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Question 36 Chapter 10 – Unimax Publications of Class 11
Rectify the Following errors:
(1) Credit sales to Mohan ₹ 7,000 were not recorded.
(2) Credit purchases from Rohan ₹ 9,000 were not recorded.
(3) Goods returned to Rakesh ₹ 4,000 were not recorded.
(4) Goods returned from Mahesh ₹ 1,000 were not recorded.
The solution of Question 36 Chapter 10 – Unimax Publications of Class 11
Journal | ||||||
Date | Particulars | L.F. | Debit | Credit | ||
1 | Mohan’s A/c | Dr | 7,000 | |||
To Sales A/c | 7,000 | |||||
(Being credit sales to Mohan recorded, now rectified) | ||||||
2 | Purchases A/c | Dr | 9,000 | |||
To Mohan’s A/c | 9,000 | |||||
(Being purchases from Mohan credit not recorded earlier, now rectified) | ||||||
3 | Rakesh A/c | Dr | 4,000 | |||
To purchases returns A/c | 4,000 | |||||
(Being goods returned to Rakesh were not recorded earlier, now rectified) | ||||||
4 | Sales returns A/c | Dr | 1,000 | |||
To Mahesh A/c | 1,000 | |||||
(Being goods returned from Mahesh were not recorded, now rectified) | ||||||
21,000 | 21,000 |
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