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Rectify the errors by passing journal entries.

  1. Purchase of stationary worth Rs.3,140 was omitted to be recorded in the books
  2. Rs.5,600 paid for newly purchased books debited to purchases account
  3. Rs.6,200 spent on repair of the building were debited to building account
  4. Purchase of Rs.1,300 from Rs.130

Asked by Topperlearning User 29th July 2016, 9:59 AM
Answered by Expert
Answer:

Rectification Entries in Journal

Date

Particulars

 

L.F.

Dr.

Rs. 

Cr.

Rs. 

 i.  

Stationary A/c

Dr.

 

3,140

 

 

----------To Cash A/c

 

 

 

3,140

 

(Being stationary purchased omitted to be recorded, now rectified)

 

 

 

 

 ii.  

Books A/c

Dr.

 

5,600

 

 

----------To Purchases A/c

 

 

 

5,600

 

(Being newly purchased books debited to purchase account, now rectified)

 

 

 

 

 

 

 

 

 

 

 iii.  

Repairs A/c

Dr.

 

6,200

 

 

----------To Building A/c

 

 

 

6,200

 

(Being repair of the building were debited to building account, now rectified)

 

 

 

 

 

 

 

 

 

 

 iv.  

Purchases A/c

Dr.

 

1,170

 

 

----------To M.S.Joshi’s A/c

 

 

 

1,170

 

(Being purchases of Rs.1,300 posted as Rs.130, now rectified)

 

 

 

 

 

Answered by Expert 29th July 2016, 11:59 AM
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