Accountancy Dk Goel 2019 for Class 11 Commerce Accountancy Chapter 12

Question 1:

Rectify the following errors:
(i) Credit sales to Mridula ₹ 5,000 were not recorded.
(ii) Credit purchases from Nayna ₹ 8,000 were not recorded.
(iii) Goods returned to Priya ₹ 12,000 were not recorded.
(iv) Goods returned from Rashi ₹ 10,000 were not recorded.

Answer:

Two-Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
i)	Mridula’s A/c	Dr.		5,000
	To Sales A/c				5,000
	(Credit sales to Mridula were omitted to be recorded)

ii)	Purchases A/c	Dr.		8,000
	To Nayna’s A/c				8,000
	(Credit purchases from Nayna were omitted to be recorded)

iii)	Priya’s A/c	Dr.		12,000
	To Purchases Return A/c				12,000
	(Goods returned to Priya were omitted to be recorded)

iv)	Sales Return A/c	Dr.		10,000
	To Rashi’s A/c				10,000
	(Goods returned from Rashi were omitted to be recorded)

Question 2:

Rectify the following errors:
(i) Credit sales to Mridula ₹ 5,000 were recorded as ₹ 500.
(ii) Credit purchases from Nayna ₹ 8,000 were recorded as ₹ 800.
(iii) Goods returned to Priya ₹ 12,000 were recorded as ₹ 1,200.
(iv) Goods returned from Rashi ₹ 10,000 were recorded as ₹ 1,000.

Answer:

Two Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
i)	Mridula’s A/c	Dr.		4,500
	To Sales A/c				4,500
	(Credit sales to Mridula were recorded as Rs 500 instead of Rs 5,000)

ii)	Purchases A/c	Dr.		7,200
	To Nayna’s A/c				7,200
	(Credit purchases from Nayna were recorded as Rs 800 instead of Rs 8,000)

iii)	Priya’s A/c	Dr.		10,800
	To Purchases Return A/c				10,800
	(Goods returned to Priya were recorded as Rs 1,200 instead of Rs 12,000)

iv)	Sales Return A/c	Dr.		9,000
	To Rashi’s A/c				9,000
	(Goods returned from Rashi were recorded as Rs 1,000 instead of Rs 10,000)

Question 3:

Rectify the following errors:
(i) Credit sales to Mridula ₹ 5,000 were recorded as ₹ 5,400.
(ii) Credit purchases from Nayna ₹ 8,000 were recorded as ₹ 8,800.
(iii) Goods returned to Priya ₹ 12,000 were recorded as ₹ 12,200.
(iv) Goods returned from Rashi ₹ 10,000 were recorded as ₹ 11,000.

Answer:

Two Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
i)	Sales A/c	Dr.		400
	To Mridula’s A/c				400
	(Credit sales to Mridula were recorded as Rs 5,400 instead of Rs 5,000)

ii)	Nayna’s A/c	Dr.		800
	To Purchases A/c				800
	(Credit purchases from Nayna were recorded as Rs 8,800 instead of Rs 8,000)

iii)	Purchases Return A/c	Dr.		200
	To Priya’s A/c				200
	(Goods returned to Priya were recorded as Rs 12,200 instead of Rs 12,000)

iv)	Rashi’s A/c	Dr.		1,000
	To Sales Return A/c				1,000
	(Goods returned from Rashi were recorded as Rs 11,000 instead of Rs 10,000)

Question 4:

Give rectifying entries for the following:
(i) A credit sales of goods to Ram ₹ 2,500 has been wrongly passed through the 'Purchases Book'.
(ii) A credit purchase of goods from Shyam amounting to ₹ 1,000 has been wrongly passed through the 'Sales Book'.
(iii) A return of goods worth ₹ 1,100 to Mohan was passed through the 'Sales Return Book'.
(iv) A return of goods worth ₹ 500 by Ganesh were entered in 'Purchases Return Book'.

Answer:

Two Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
i)	Ram’s A/c	Dr.		5,000
	To Sales A/c				2,500
	To Purchases A/c				2,500
	(Goods sold to Ram wrongly passed through Purchases Book)

ii)	Purchases A/c	Dr.		1,000
	Sales A/c	Dr.		1,000
	To Shyam’s A/c				2,000
	(Goods purchased from Shyam wrongly passed through Sales Book)

iii)	Mohan’s A/c	Dr.		2,200
	To Purchases Return A/c				1,100
	To Sales Return A/c				1,100
	(Goods returned to Mohan wrongly passed through Sales Return Book)

iv)	Sales Return A/c	Dr.		500
	Purchases Return A/c	Dr.		500
	To Ganesh’s A/c				1,000
	(Goods returned by Ganesh wrongly passed through Purchases Return Book)

Question 5:

Rectify the following errors:-
(i) Goods for ₹ 5,500 were purchased from Modern Traders on credit, but no entry has yet been passed.
(ii) Purchase Return for ₹ 1,500 not recorded in the books.
(iii) Goods for ₹ 2,000 sold to 'Geeta Traders' on Credit were entered in the sales book as ₹ 200 only.
(iv) Goods of the value of ₹ 1,800 returned by Sunil & Co. were included in stock, but no entry was passed in the books.
(v) Goods purchased for ₹ 900, entered in the purchases book as ₹ 9,000.
(vi) An invoice for goods sold to X was overcast by ₹ 100.

Answer:

Two Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
i)	Purchases A/c	Dr.		5,500
	To Modern Traders A/c				5,500
	(Credit purchases from Modern Traders were omitted to be recorded)

ii)	Creditors A/c	Dr.		1,500
	To Purchases Return A/c				1,500
	(Purchases return of Rs 1,500 was not recorded)

iii)	Geeta Traders A/c	Dr.		1,800
	To Sales A/c				1,800
	(Goods sold to Geeta Traders were recorded as Rs 200 instead of Rs 2,000)

iv)	Sales Return A/c	Dr.		1,800
	To Sunil & Co.				1,800
	(Goods returned by Sunil & Co. were omitted to be recorded)

v)	Creditors A/c	Dr.		8,100
	To Purchases A/c				8,100
	(Goods purchased for Rs 900 were recorded as Rs 9,000)

vi)	Sales A/c	Dr.		100
	To X				100
	(Invoice for goods sold was overcast by Rs 100)

Question 6:

Rectify the following errors:
(i) Sold old furniture to A for ₹ 11,500 was passed through the Sales Book.
(ii) Credit purchases of ₹ 12,000 from Ojas omitted to be recorded in the books.
(iii) Repairs made were debited to Building Account ₹ 7,000.
(iv) Credit sale of ₹ 1,800 to Avikan was recorded as ₹ 8,100.
(v) ₹ 6,000 paid for office furniture was debited to office expenses account.
(vi) A credit sale of goods of ₹ 15,000 to Ramesh has been wrongly passed through the purchases Book.

Answer:

Journal
Date	Particulars		L.F.	Debit Amount (₹)	Credit Amount (₹)

(i)	Sales A/c	Dr.		11,500
	To Old Furniture A/c				11,500
	(Furniture sold passed through Sales Book, now rectified)

(ii)	Purchases A/c	Dr.		12,000
	To Ojas A/c				12,000
	(Credit purchased omitted from recording, now rectified)

(iii)	Repairs A/c	Dr.		7,000
	To Building A/c				7,000
	(Repairs debited to Building, now rectified)

(iv)	Sales A/c	Dr.		6,300
	To Avikan’s A/c				6,300
	(Credit sale recorded with wrong amounts, now rectified)

(v)	Office Furniture A/c	Dr.		6,000
	To Office Expenses A/c				6,000
	(Purchase of office furniture debited to office expenses account, now rectified)

(vi)	Ramesh	Dr.		30,000
	To Sales A/c				15,000
	To Purchases A/c				15,000
	(Credit sales recorded as credit purchases, now rectified)

Question 7:

Give Journal Entries to rectify the following errors:-
1. Goods purchased from Ajay for ₹ 2,600 were recorded in Sales Book by mistake.
2. Goods for ₹ 4,400 sold to Surendra was passed through Purchase Book.
3. A customer returned goods worth ₹ 1,000. It was recorded in 'Purchase Return Book'.
4. A credit sale of ₹ 126 to Rajesh was entered in the books as ₹ 162.
5. Sale of old chairs and Table for ₹ 700 was treated as sale of goods.
6. Rent of proprietor's residence, ₹ 800, debited to Rent A/c.

Answer:

Two Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
1)	Purchases A/c	Dr.		2,600
	Sales A/c	Dr.		2,600
	To Ajay’s A/c				5,200
	(Goods purchased from Ajay were recorded in Sales Book)

2)	Surendra’s A/c	Dr.		8,800
	To Sales A/c				4,400
	To Purchases A/c				4,400
	(Goods sold to Surendra recorded in Purchases Book)

3)	Sales Return A/c	Dr.		1,000
	Purchases Return A/c	Dr.		1,000
	To Customer’s A/c				2,000
	(Goods returned by a customer recorded in Purchases Return Book)

4)	Sales A/c	Dr.		36
	To Rajesh’s A/c				36
	(Credit sales of Rs 126 to Rajesh were recorded as Rs 162)

5)	Sales A/c	Dr.		700
	To Furniture A/c				700
	(Sale of furniture was recorded as sale of goods)

6)	Drawings A/c	Dr.		800
	To Rent A/c				800
	(Rent paid for proprietor’s residence, debited to Rent Account)

Question 8:

Rectify the following errors:-
1. A sale of goods to Raja Ram for ₹ 2,500 was passed through the Purchases Book.
2. Salary of ₹ 800 paid to Hari Babu was wrongly debited to his personal account.
3. Furniture purchased on credit from Mohan Singh for ₹ 1,000 was entered in the Purchases Book.
4. ₹ 5,000 spent on the extension of buildings was debited to Buildings Repairs Account.
5. Goods returned by Mani Ram ₹ 1,200 were entered in the Returns Outwards Book.

Answer:

Two Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
1)	Raja Ram’s A/c	Dr.		5,000
	To Sales A/c				2,500
	To Purchases A/c				2,500
	(Sale of goods to Raja Ram recorded in Purchases Book)

2)	Salaries A/c	Dr.		800
	To Hari Babu’s A/c				800
	(Salary paid to Hari Babu wrongly debited to his personal account)

3)	Furniture A/c	Dr.		1,000
	To Purchases A/c				1,000
	(Purchase of furniture recorded in Purchases Book)

4)	Building A/c	Dr.		5,000
	To Buildings Repairs A/c				5,000
	(Amount spent on the extension of building debited to Buildings Repairs Account)

5)	Sales Return A/c	Dr.		1,200
	Purchases Return A/c	Dr.		1,200
	To Mani Ram’s A/c				2,400
	(Goods returned by Mani Ram recorded in Returns Outward Book)

Question 9:

Rectify the following errors:
(a) Furniture purchased for ₹ 10,000 wrongly debited to Purchases Account.
(b) Machinery purchased on credit from Raman for ₹ 20,000 was recorded through Purchases Book.
(c) Repairs on machinery ₹ 1,400 debited to Machinery Account.
(d) Repairs on overhauling of second hand machinery purchased ₹ 2,000 was debited to Repairs Account.
(e) Sale of old machinery at book value of ₹ 3,000 was credited to Sales Account.

Answer:

Two Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
a)	Furniture A/c	Dr.		10,000
	To Purchases A/c				10,000
	(Purchase of Furniture wrongly debited to Purchases Account)

b)	Machinery A/c	Dr.		20,000
	To Purchases A/c				20,000
	(Purchase of machinery recorded through Purchases Book)

c)	Repairs A/c	Dr.		1,400
	To Machinery A/c				1,400
	(Repairs incurred on machinery debited to Machinery Account)

d)	Machinery A/c	Dr.		2,000
	To Repairs A/c				2,000
	(Repairs incurred on the purchase of second hand machinery debited to Repairs Account)

e)	Sales A/c	Dr.		3,000
	To Machinery A/c				3,000
	(Sale of old machinery credited to Sales Account)

Question 10:

Pass Journal Entries to rectify the following errors:-
(1) Machinery purchased for ₹ 5,000 has been debited to Purchases A/c.
(2) ₹ 700 paid to Sh. Mohan Kapoor as Legal Charges were debited to his personal account.
(3) ₹ 10,000 paid to Escorts Company for Machinery purchased stand debited to Escorts Company account.
(4) Typewriter purchased for ₹ 6,000 was wrongly passed through purchase book.
(5) ₹ 20,000 paid for the purchase of a Motor Cycle for proprietor has been charged to 'General Expenses' A/c.
(6) ₹ 15,000 paid for the purchase of 'Gas Engine' were debited to 'Purchases' A/c.
(7) Cash paid to Ram ₹ 400 was debited to the account of Shyam.

Answer:

Two Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
1)	Machinery A/c	Dr.		5,000
	To Purchases A/c				5,000
	(Purchase of machinery debited to Purchases Account)

2)	Legal Charges A/c	Dr.		700
	To Mohan Kapoor’s A/c				700
	(Legal charges paid to Mohan Kapoor debited to his personal account)

3)	Machinery A/c	Dr.		10,000
	To Escorts Company A/c				10,000
	(Payment made for machinery debited to company’s account)

4)	Typewriter A/c	Dr.		6,000
	To Purchases A/c				6,000
	(Purchase of typewriter recorded in Purchases Book)

5)	Drawings A/c	Dr.		20,000
	To General Expenses A/c				20,000
	(Purchase of motor cycle for proprietor debited to General Expenses Account)

6)	Gas Engine A/c	Dr.		15,000
	To Purchases A/c				15,000
	(Payment made for purchase of Gas Engine debited to Purchases Account)

7)	Ram’s A/c	Dr.		400
	To Shyam’s A/c				400
	(Rectifying entry made)

Question 11:

Rectify the following errors:-
1. ₹ 4,500 spent on the extension of Buildings were debited to Repairs A/c.
2. Wages paid to the firm's own workmen ₹ 3,600 for the installation of a new machinery were posted to Wages Account.
3. Contractor's bill for the construction of a godown at a cost of ₹ 10,000 has been charged to 'Repairs' A/c.
4. ₹ 1,500 paid as Wages to a worker 'Bahadur Singh', has been debited to his personal account.
5. Old furniture sold for ₹ 500 has been credited to Sales Account.
6. A cheque of ₹ 620 received from Ram, has been wrongly credited to Shyam.

Answer:

Two Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
1)	Building A/c	Dr.		4,500
	To Repairs A/c				4,500
	(Amount spent on the extension of building debited to Repairs Account)

2)	Machinery A/c	Dr.		3,600
	To Wages A/c				3,600
	(Wages paid for installation of new machinery debited to Wages Account)

3)	Building A/c	Dr.		10,000
	To Repairs A/c				10,000
	(Amount spent on the construction of a godown debited to Repairs Account)

4)	Wages A/c	Dr.		1,500
	To Bahadur Singh’s A/c				1,500
	(Wages paid to a worker debited to his personal account)

5)	Sales A/c	Dr.		500
	To Furniture A/c				500
	(Sale of furniture recorded as sale of goods)

6)	Shyam’s A/c	Dr.		620
	To Ram’s A/c				620
	(Cheque received from Ram credited to Shyam)

Question 12:

Pass rectifying entries:-
(i) ₹ 5,000 being the cost of a Radio purchased for the personal use of the proprietor has been debited to Radio account in the ledger.
(ii) Goods taken by the proprietor for ₹ 1,000, has not been entered in the books at all.
(iii) A cheque of ₹ 500 received from X was credited to the account of Y and debited to Cash instead of Bank A/c.
(iv) A cheque of ₹ 1,300 received from Ram Lal was dishonoured and debited to 'General Expenses' A/c.
(v) A sum of ₹ 3,000 drawn by the proprietor for his private travel was debited to 'Travelling Expenses A/c'.
(vi) Credit purchase of ₹ 500 from Ajay were posted to the credit of Vijay A/c.
(vii) An amount of ₹ 1,600 due from Chandan Lal was written off as 'Bad-debt' in previous year, was unexpectedly received this year, and has been credited to the account of Chandan Lal.

Answer:

Two Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
i)	Drawings A/c	Dr.		5,000
	To Radio A/c				5,000
	(Purchase of radio for personal use debited to Radio Account)

ii)	Drawings A/c	Dr.		1,000
	To Purchases A/c				1,000
	(Goods taken by the proprietor omitted to be recorded)

iii)	Y’s A/c	Dr.		500
	Bank A/c	Dr.		500
	To X’s A/c				500
	To Cash A/c				500
	(Cheque received from X debited to Y’s Account and instead of bank, Cash Account is debited)

iv)	Ram Lal’s A/c	Dr.		1,300
	To General Expenses A/c				1,300
	(Cheque received from Ram Lal dishonoured and debited to General Expenses Account)

v)	Drawings A/c	Dr.		3,000
	To Travelling Expenses A/c				3,000
	(Amount spent by the proprietor for private travel debited to Travelling Expenses Account)

vi)	Vijay’s A/c	Dr.		500
	To Ajay’s A/c				500
	(Credit purchase from Ajay posted to the credit of Vijay)

vii)	Chandan Lal’s A/c	Dr.		1,600
	To Bad Debts Recovered A/c				1,600
	(Amount written-off as bad debts were recovered and credited to Debtors Account)

Question 13:

Rectify the following errors which were detected before preparing the Trial Balance:
(i) Purchase book has been overcast by ₹ 1,000.
(ii) Purchase from Ram ₹ 20,000 has been omitted to be posted to his account.
(iii) Purchase from Shyam ₹ 15,000 has been posted to the debit side of his account.
(iv) Purchase from Ghanshyam ₹ 10,000 has been posted to his account as ₹ 1,000.
(v) Purchase from Sita Ram ₹ 5,000 has been posted to his account as ₹ 50,000.

Answer:

One Sided Errors

1. Purchases Book has been overcasted by Rs 1,000. Since it is an error of casting that means individual creditors accounts have been posted correctly and only the total of purchases book has been posted incorrectly to the debit side of Purchases Account. Thus, Purchases Account will be rectified by recording Rs 1,000 on the credit side of Purchases Account.

Purchases Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
					Overcasting of Purchases book		1,000

2. Purchases from Ram Rs 20,000 has been omitted to be posted to his account. This mistake is happened only in Ram’s Account which means that the total of Purchases Book is correct. Thus, in order to rectify this error Rs 20,000 should be posted on the credit side of Ram’s Account.

Ram’s Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
					Omission in posting		20,000

3. Purchase from Shyam Rs 15,000 has been posted to the debit side of his account. It implies that there is no mistake in Purchases account, however, Shyam’s account has been wrongly debited with Rs 15,000 instead of crediting. Thus, rectification will be done by posting the double amount (Rs 30,000) on the credit side of Shyam’s Account.

Shyam’s Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
					Error in posting to the wrong side		30,000

4. Purchases made from Ghanshayam Rs 10,000 have been posted to his account as Rs 1,000. It is a mistake at the time of posting in the ledger account which implies that there is no mistake in the Purchases Account. In this case, Ghanshyam’s Account was credited with lesser amount. So, Rs 9,000 more will be credited to his account for rectification of this error.

Ghanshyam’s Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
					Less amount on the credit side		9,000

5. Purchases made from Sitaram Rs 5,000 have been posted to his account as Rs 50,000. It implies that his account is credited with an excess amount of Rs 45,000 (50,000 – 5,000). Thus, in order to rectify this error Rs 45,000 is debited to Sitaram’s Account.

Sitaram’s Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
	Excess amount on the credit side		45,000

Question 14:

Rectify the following errors which were detected before preparing the Trial Balance:
(i) The total of Sales Book carried forward ₹ 5,000 less.
(ii) A credit sale to Sita ₹ 6,300 posted as ₹ 3,600.
(iii) A credit sale to Radha ₹ 2,400 posted as ₹ 4,200.
(iv) A credit sale to Parbati ₹ 3,000 credited to her account.
(v) A credit sale to Laxmi ₹ 5,600 credited as ₹ 6,500.

Answer:

One Sided Errors

1. Sales book has been undercasted by Rs 5,000. Since it is an error of casting that means individual debtors accounts have been posted correctly and only the total of sales book has been posted incorrectly to the credit side of Sales Account. In this case it has been undercasted accordingly it would be rectified by crediting Sales Account with Rs 5,000.

Sales Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
					Undercasting of Sales Book		5,000

2. Credit sale to Sita Rs 6,300 has been posted to her account as Rs 3,600. It implies that Sita’s Account was debited with lesser amount. Thus, Rs 2,700 more will be debited to her account for rectification of this error.

Sita’s Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
	Less amount on the debit side		2,700

3. Credit sale to Radha Rs 2,400 has been posted to her account as Rs 4,200. In this case, Radha’s Account was debited with an excess amount of Rs 1,800 and accordingly Rs 1,800 should be credited to her account.

Parbati’s Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
					Excess amount on the debit side		1,800

4. A credit sale to Parbati Rs 3,000 has been posted to the credit side of her account. This transaction must have been recorded on the debit side of Parbati’s Account, but, mistakenly it was recorded on the credit side. Thus, Rs 6,000 must be debited to her account.

Parbati’s Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
	Error in posting to the wrong side		6,000

5. A credit sale to Laxmi Rs 5,600 has been posted to the credit side of her account as Rs 6,500. In this case, the transaction was recorded on the wrong side with wrong amount. Thus, Rs 12,100 (5,600 + 6,500) must be debited to her account.

Laxmi’s Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
	Error in posting to the wrong side with wrong amount		12,100

Question 15(A):

Rectify the following errors assuming:-
That no suspense account has been opened with difference in the trial balance.

Answer:

One Sided Errors

1. Purchases of Rs 800 from Sachin have been omitted to be posted to his account. It is a mistake at the time of posting in the ledger. Since the entry in the Purchases Book is correct, total of Purchases Book will also be correct. The mistake is only in Sachin’s account where Rs 800 has not been posted to the credit side of his account. So it would be rectified by crediting Sachin’s account with Rs 800.

Sachin’s Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
					Omission in posting		800

2. Purchases of Rs 800 from Sachin have been posted to his account as Rs 80. It is a mistake at the time of posting in the ledger. Because the entry in the Purchase Book is correct, so there is no mistake in Purchases account, the mistake will affect only Sachin’s Account where lesser amount has been credited to his account. So, Rs 720 more will be credited to his account for rectification of this error.

Sachin’s Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
					Less amount on the credit side		720

3. Purchases of Rs 800 from Sachin have been posted to his account as Rs 880. It is a mistake at the time of posting in the ledger. Because the entry in the Purchase Book is correct, so there is no mistake in Purchases account, the mistake will affect only Sachin’s account where an excess amount of Rs 80 is credited to his account. So Rs 80 will be debited to his account for rectification of this error.

Sachin’s Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
	Excess amount on the credit side		80

4. Purchase of Rs 800 from Sachin have been posted to the debit side of his account. It is a mistake at the time of posting in the ledger. There is no mistake in Purchases account the mistake will affect only Sachin’s account. Sachin’s account has been wrongly debited with Rs 800 instead of crediting his account. Hence rectification would be made by double the amount of entry.

Sachin’s Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
					Error in posting to the wrong side		1,600

5. Purchase of Rs 800 from Sachin have been posted to the debit side of his account as Rs 80. It is a mistake at the time of posting in the ledger. There is no mistake in Purchases account the mistake will affect only Sachin’s account. Sachin’s account has been wrongly debited with Rs 80 instead of crediting his account as Rs 800. Hence rectification would be made by adding these two amounts and Rs 880 will be credited to his account.

Sachin’s Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
					Error in posting to the wrong side with wrongamount		880

Question 15(B):

Rectify the following errors assuming:-
that such a suspense account has been opened.
1. Goods costing ₹ 800 purchased from Sachin on credit were omitted to be credited to his account.
2. Goods costing ₹ 800 purchased from Sachin on credit were credited to his account as ₹ 80.
3. Goods costing ₹ 800 purchased from Sachin on credit were credited to his account as ₹ 880.
4. Goods costing ₹ 800 purchased from Sachin on credit were posted to the debit of his account.
5. Goods costing ₹ 800 purchased from Sachin on credit were posted to the debit of his account as ₹ 80.

Answer:

One Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
1)	Suspense A/c	Dr.		800
	To Sachin’s A/c				800
	(Goods purchased from Sachin omitted to be credited to his account)

2)	Suspense A/c	Dr.		720
	To Sachin’s A/c				720
	(Goods purchased from Sachin credited to his account as Rs 80, instead of Rs 800)

3)	Sachin’s A/c	Dr.		80
	To Suspense A/c				80
	(Goods purchased from Sachin credited to his account as Rs 880, instead of Rs 800)

4)	Suspense A/c	Dr.		1,600
	To Sachin’s A/c				1,600
	(Goods purchased from Sachin debited to his account)

5)	Suspense A/c	Dr.		880
	To Sachin’s A/c				880
	(Goods purchased from Sachin debited to his account as Rs 80)

Question 16:

Rectify the following errors assuming that Suspense Account was opened. Ascertain the difference in Trial Balance.
(a) Credit sales to Mohan ₹ 7,000 were recorded in Purchase Book. However, Mohan's Account was correctly debited.
(b) Credit purchases from Rohan ₹ 9,000 were recorded in Sales Book. However, Rohan's Account was correctly credited.
(c) Goods returned to Rakesh ₹ 4,000 were recorded in Sale Returns Book. However, Rakesh's Account was correctly debited.
(d) Goods returned from Mahesh ₹ 1,000 were recorded through Purchase Returns Book. However, Mahesh's Account was correctly credited.
(e) Goods returned to Naresh ₹ 2,000 were recorded through Purchases Book. However, Naresh's Account was correctly debited.

Answer:

One Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
a)	Suspense A/c	Dr.		14,000
	To Sales A/c				7,000
	To Purchases A/c				7,000
	(Goods sold to Mohan wrongly recorded in Purchases Book)

b)	Purchases A/c	Dr.		9,000
	Sales A/c	Dr.		9,000
	To Suspense A/c				18,000
	(Credit purchases from Rohan recorded in Sales Book)

c)	Suspense A/c	Dr.		8,000
	To Purchases Return A/c				4,000
	To Sales Return A/c				4,000
	(Goods returned to Rakesh recorded in Sales Return Book)

d)	Sales Return A/c	Dr.		1,000
	Purchases Return A/c	Dr.		1,000
	To Suspense A/c				2,000
	(Goods returned from Mahesh recorded in Purchases Return Book)

e)	Suspense A/c	Dr.		4,000
	To Purchases Return A/c				2,000
	To Purchases A/c				2,000
	(Goods returned to Naresh recorded in Purchases Book)

Suspense Account
Dr.			Cr.
Particulars	Amount (Rs)	Particulars	Amount (Rs)
Sales A/c	7,000	Difference as per Trial Balance (Balancing Figure)	6,000
Purchases A/c	7,000	Purchases A/c	9,000
Purchases Return A/c	4,000	Sales A/c	9,000
Sales Return A/c	4,000	Sales Return A/c	1,000
Purchases Return A/c	2,000	Purchases Return A/c	1,000
Purchases A/c	2,000
	26,000		26,000

Question 17:

There was a difference of ₹ 430 in a Trial Balance. It was placed on the Debit side of a Suspense A/c. Later on the following errors were discovered. Pass rectifying entries and prepare Suspense A/c.
1. Purchases book was overcast by ₹ 100.
2. Sales book was overcast by ₹ 1,000.
3. Goods for ₹ 800 purchased from Umakant, though entered in the purchase book, has not been posted to his account.
4. An amount of ₹ 500 has been posted to the credit side of commission account instead of ₹ 570.
5. Goods sold to Bharti for ₹ 4,400 has been posted to her account as ₹ 4,000.
6. Goods sold to X for ₹ 750 were recorded in purchase book.

Answer:

One Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
1)	Suspense A/c	Dr.		100
	To Purchases A/c				100
	(Overcasting of Purchases Book)

2)	Sales A/c	Dr.		1,000
	To Suspense A/c				1,000
	(Overcasting of Sales Book)

3)	Suspense A/c	Dr.		800
	To Umakant’s A/c				800
	(Goods purchased from Umakant not posted to his account)

4)	Suspense A/c	Dr.		70
	To Commission A/c				70
	(Amount of Rs 500 posted to the credit side of Commission Account, instead of Rs 570)

5)	Bharti’s A/c	Dr.		400
	To Suspense A/c				400
	(Goods sold to Bharti for Rs 4,400 posted as Rs 4,000)

6)	X’s A/c	Dr.		1,500
	To Sales A/c				750
	To Purchases A/c				750
	(Goods sold to X recorded in Purchases Book)

Suspense Account
Dr.				Cr.
Particulars	Amount (Rs)	Particulars	Amount (Rs)
Difference in Trial Balance	430	Sales A/c	1,000
Purchases A/c	100	Bharti’s A/c	400
Uma Kant’s A/c	800
Commission A/c	70
	1,400		1,400

Question 18:

In taking out the Trial Balance, book-keeper finds that he is out ₹ 3,809 excess debit. Being desirous of closing his books he places the difference to a newly opened Suspense A/c which is carried forward. In the next period he discovered that :-
1. ₹ 17,715 received from X has not been posted to his account.
2. A sum of ₹ 9,500 written off as depreciation on fixtures has not been posted to the Depreciation A/c.
3. ₹ 1,50,000 paid for furniture purchased has been charged to Ordinary Purchases A/c.
4. A discount of ₹ 3,742 allowed to a customer has been credited to him as ₹ 3,648.
5. The total of the Inwards return has been added ₹ 900 short.
6. An item of Sale for ₹ 5,900 was posted as ₹ 9,500 in the Sales Account.
Give the rectifying entries and prepare the Suspense Account.

Answer:

One Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
1)	Suspense A/c	Dr.		17,715
	To X’s A/c				17,715
	(Amount received from X not posted to his account)

2)	Depreciation A/c	Dr.		9,500
	To Suspense A/c				9,500
	(Amount written-off as depreciation not posted to Depreciation Account)

3)	Furniture A/c	Dr.		1,50,000
	To Purchases A/c				1,50,000
	(Amount paid for purchase of furniture debited to Purchases Account)

4)	Suspense A/c	Dr.		94
	To Customer’s A/c				94
	(Discount allowed credited with less amount in Customer’s Account)

5)	Sales Return A/c	Dr.		900
	To Suspense A/c				900
	(Shortfall in return inward book)

6)	Sales A/c	Dr.		3,600
	To Suspense A/c				3,600
	(An item of sale of Rs 5,900 posted as Rs 9,500 in Sales Account)

Suspense Account
Dr.				Cr.
Particulars	Amount (Rs)	Particulars	Amount (Rs)
X’s A/c	17,715	Difference in Trial Balance	3,809
Customer’s A/c	94	Depreciation A/c	9,500
		Sales Return A/c	900
		Sales A/c	3,600
	17,809		17,809

Question 19:

A Book-keeper failed to balance his trial balance, the credit side exceeding the debit side by ₹ 175. This amount was entered in a Suspense Account. Later on the under mentioned errors were discovered:-
1. Goods amounting to ₹ 620 sold to D & Co. were correctly entered in the Sales book, but posted to the Company's A/c as ₹ 260.
2. A credit balance of ₹ 755 of Rent Received account was shown as ₹ 570.
3. The total of Returns Outwards Book amounting to ₹ 200 was not posted to the Ledger.
4. Goods worth ₹ 100 were purchased from Prakash but the amount was entered in the Sales Book. The account of Prakash was correctly credited.
5. Sales Book was undercast by ₹ 100.
6. The total of the credit side of Sohan's account was overcast by ₹ 100.
Give journal entries to rectify these errors and prepare the Suspense Account.

Answer:

One Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
1)	D & Co. A/c	Dr.		360
	To Suspense A/c				360
	(Goods sold to D & Co. for Rs 620 posted to company’s account as Rs 260)

2)	Suspense A/c	Dr.		185
	To Rent A/c				185
	(Credit balance of Rs 755 of rent received shown as Rs 570)

3)	Suspense A/c	Dr.		200
	To Purchases Return A/c				200
	(Total of return outwards book was not posted)

4)	Purchases A/c	Dr.		100
	Sales A/c	Dr.		100
	To Suspense A/c				200
	(Goods purchased from Prakash entered in Sales Book)

5)	Suspense A/c	Dr.		100
	To Sales A/c				100
	(Undercasting of Sales Book)

6)	Sohan’s A/c	Dr.		100
	To Suspense A/c				100
	(Total of credit side of Sohan’s Account was overcasted)

Suspense Account
Dr.				Cr.
Particulars	Amount (Rs)	Particulars	Amount (Rs)
Difference in Trial Balance	175	D & Co.	360
Rent A/c	185	Purchases A/c	100
Purchases Return A/c	200	Sales A/c	100
Sales A/c	100	Sohan’s A/c	100
	660		660

Question 20:

The Trial Balance prepared by a Book-keeper showed a difference of ₹ 1,006 which was placed in a newly opened Suspense Account and carried forward to the next year, when the following errors were discovered:-
(i) Goods purchased for ₹ 99 had been posted to the credit of the supplier as ₹ 990.
(ii) ₹ 75 received as discount from a creditor was duly entered in his account but it was omitted to be posted to discount account.
(iii) Sale of Furniture for ₹ 1,400 had been entered in sales book.
(iv) ₹ 900 due from a customer were omitted to be taken to the Schedule of sundry debtors.
(v) Goods of the value of ₹ 3,000 returned by a customer were taken into the stock but no entry was made in the books.
(vi) ₹ 355 entered in the Sales Returns book had been posted to the debit of the customer who returned the goods.
Give necessary Journal entries to rectify the above errors and prepare suspense account.

Answer:

One Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
i)	Supplier’s A/c	Dr.		891
	To Suspense A/c				891
	(Goods purchased of Rs 99 on credit posted to the credit side of Supplier’s Account as Rs 990)

ii)	Suspense A/c	Dr.		75
	To Discount Received A/c				75
	(Discount received from a creditor omitted to be posted to Discount Account)

iii)	Sales A/c			1,400
	To Furniture A/c				1,400
	(Sale of furniture recorded in Sales Book)

iv)	Sundry Debtors A/c	Dr.		900
	To Suspense A/c				900
	(Amount due from a customer omitted to be included in sundry debtors)

v)	Sales Return A/c	Dr.		3,000
	To Customer’s A/c				3,000
	(Goods returned by a customer were taken into stock but omitted to be recorded)

vi)	Suspense A/c	Dr.		710
	To Customer’s A/c				710
	(Goods returned by a customer posted to the debit side of his/her account)

Suspense Account
Dr.				Cr.
Particulars	Amount (Rs)	Particulars	Amount (Rs)
Difference in Trial Balance	1,006	Supplier’s A/c	891
Discount Received A/c

Accountancy Dk Goel 2019 for Class 11 Commerce Accountancy Chapter 12 - Rectification Of Errors

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