Question 4 Chapter 10 – Unimax Publications of Class 11

Question 4 Chapter 10 – Unimax Publications of Class 11

4. Pass the Journal entries to rectify the following errors:

Typewriter purchased for ₹ 3,500 was debited to purchases account.
Goods taken by proprietor for ₹ 100 has been credited to sales account.
Old furniture sold for ₹ 540 has been credited to sales account.
₹ 1,000 paid for rent was debited to landlord’s account.
Credit purchases of ₹ 200 from Harish were posted were debited to credit Hitesh’s account.
₹ 1,500 spent on extension of building were debited to repair account.
₹ 800 received from Ram Narain against his acceptance were credited to his account

The solution of Question 4 Chapter 10 – Unimax Publications of Class 11

Journal

Date	Particulars		L.F.	Debit	Credit
2020
1	Typewriter A/c	Dr.		3,500
	To Purchases A/c				3,500
	(Being typewriter purchases debited to purchases a/c, now rectified)
2	Drawing A/c	Dr.		100
	To Purchases A/c				100
	(Being goods taken by proprietor have not been entered in the book, now rectified)
3	Sales A/c	Dr.		540
	To furniture A/c				540
	(Being furniture sold credited to sales a/c, now rectified)

4	Rent A/c	Dr.		1,000
	To landlord’s A/c				1,000
	(Being rent paid debited to landlord ‘s personal a/c, now rectified)

5	Hitesh’s A/c	Dr.		200
	To Harish’s A/c				200
	(Being purchases from Harish posted to the credit of Hitesh, now rectified)

6	Ram Narin’s A/c	Dr.		800
	To Bills receivable A/c				800
	(Being cash received from Ram Narin against his acceptance credited to his a/c, now rectified)