Accountancy – II 1
RECTIFICATION OF ERRORS
1. Rectify the following Errors.
(a) An amount of Rs.500 received from Khan has been posted to Khanna Account.
(b) Discount allowed Rs.100 to Sastry for which Preliminary entry has not been posted.
But it was posted to Sastry’s Account.
(c) Goods sold to Ramu was Rs.500 was not posted to his account
(d) Rs.2,000 drawings debited to Trade Expenses Account
(e) No posting has been found in purchases book in respect of Rs.500 credit purchases
from Ketan.
(f) Rs.43 purchases of goods was recorded as Rs.34 in the Purchases Book.
2. Rectify the following Errors.
(a) Machinery installation charges Rs.300 Omitted to be entered in the Day Book
(b) Old furniture sold Rs.1000 credited to Sales Account
(c) Sales book overcast by Rs.200
(d) The total of Sales returns book overcast by Rs.50
(e) Miscellaneous Expenses Rs.75 included in proprietor ‘s drawings Account.
3. Rectify the following Errors.
(a) A cheque for Rs.990 given by Omesh a debtor directly received by the Proprietor
was deposited into his Personal Account.
(b) Repairs to furniture Rs.200 was debited to Furniture Account
(c) Salary paid to Prasad was omitted to be entered in the books
(d) General expenses Rs.65 paid to Vijay was debited to his personal account.
4. How would you rectify the following errors by opening suspense account.
(a) The Sales Rs.12,000 has been undercast by Rs.100
(b) Goods worth Rs.154 returned by a Customer have been posted in the purchases
book
(c) Furniture Purchased from Khadar & co. for Rs.1000 was recorded in Purchases Book
(d) A purchase of goods for Rs.250 from Modi stands posted to the debit of supplier.
(e) A discount of Rs.15 claimed from Bobby does not appear in the Cash Book.
5. Rectify the following Errors by Opening Suspense Account.
(a) Cash received from Sasi Rs.300 was debited to Usha
Accountancy – II 2
(b) While carrying forward the total of one page of Purchase Book to the next page, the
amount of Rs.1,235 was written as 1,325.
(c) Ledger Expenses Rs.119 paid to Kiran was debited to his personal Account
(d) Sales Book overcast by Rs.100
(e) Trade expenses Rs.18 was posted in the account as Rs.80
(f) A sale of Rs.500 to Jaya was wrongly debited to Vijaya
(g) A bill received for Rs.155 was written in Bills payable Book. The bill was given to
Radha.
Pass necessary entries for the rectification of above errors.
SOLUTIONS
Solution 1:
Date Particulars L.F. Debit Credit
Rs. Rs.
A Khanna a/c Dr. 500
To Khan a/c 500
(Being the error rectified)
B Drawings a/c Dr. 2,000
To Trading expenses a/c 2,000
(being the error rectified)
C X a/c Dr. 100
Discount a/c Dr. 100
To Y a/c 100
To suspense a/c 100
(Being the error rectified)
D Ramu a/c Dr. 500
To Suspense a/c 500
(Being the error rectified)
E Purchases a/c Dr. 500
To Ketan a/c 500
(Being the error rectified)
F Purchases a/c Dr. 9
To Suspense a/c 9
(Being the error rectified)
Solution 2:
Date Particulars L.F. Debit Credit
Rs. Rs.
A Machinery a/c Dr. 300
To Cash a/c 300
(Being the error rectified)
B Sales a/c Dr. 1,000
To Furniture a/c 1,000
(Being the error rectified)
Accountancy – II 3
C Sundry expenses a/c Dr. 750
To Drawings a/c 750
(being the error rectified)
Solution 3:
Date Particulars L.F. Debit Credit
Rs. Rs.
A Proprietor a/c Dr. 990
To Omesh a/c 990
(Being the error rectified)
B Repairs a/c Dr. 200
To Furniture a/c 200
(Being the error rectified)
C Salaries a/c Dr.
To Cash a/c
(Being the error rectified)
D Suspense a/c Dr. 9
To Sundry Expenses a/c 9
(Being the error rectified)
E Legal expenses a/c Dr. 65
To Kishore a/c 65
(Being the error rectified)
Solution 4:
Date Particulars L.F. Debit Credit
Rs. Rs.
A Suspense a/c Dr. 100
To Sales a/c 100
(Being the error rectified)
B Sales returns a/c Dr. 150
Suspense a/c Dr. 150
To Purchase a/c 150
To Customer a/c 150
(Being the error rectified)
C Furniture a/c Dr. 1,000
To Purchases a/c 1,000
(Being the error rectified)
D Suspense a/c Dr. 500
To Modi a/c 500
(Being the error rectified)
E Suspense a/c Dr. 15
To Discount a/c 15
(Being the error rectified)
