Numerical Questions · Q10
Q.Rectify the following errors:
(a) Credit sales to Mohan ₹ 7,000 were posted to Karan.
(b) Credit purchases from Rohan ₹ 9,000 were posted to Gobind.
(c) Goods returned to Rakesh ₹ 4,000 were posted to Naresh.
(d) Goods returned from Mahesh ₹ 1,000 were posted to Manish.
(e) Cash sales ₹ 2,000 were posted to commission account.
Lakshadweep CbseNCERTSubjective· 5mImportance★★★★★est
69% · 34/49 Questions
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Start your 14-day free trial to unlock the full solution →The amount and the side (debit or credit) are correct — only the account is wrong. These are two-sided errors that do not affect the trial balance, so each is rectified by transferring the amount from the wrong account to the correct one; no Suspense Account is needed.
Concept & treatment. When a correct debit goes to the wrong personal account, debit the right account and credit the wrong one (and vice-versa for a mis-credit). The two accounts are on the same side, so the trial balance always agreed; we simply move the entry.
Rectifying journal entries
| Date | Particulars | L.F. | Debit (₹) | Credit (₹) |
|---|---|---|---|---|
| (a) | Mohan A/c Dr. | 7,000 | ||
| To Karan A/c | 7,000 | |||
| (Credit sales to Mohan wrongly debited to Karan, now transferred) | ||||
| (b) | Gobind A/c Dr. | 9,000 | ||
| To Rohan A/c | 9,000 | |||
| (Credit purchases from Rohan wrongly credited to Gobind, now transferred) | ||||
| (c) | Rakesh A/c Dr. | 4,000 | ||
| To Naresh A/c | 4,000 | |||
| (Goods returned to Rakesh wrongly debited to Naresh, now transferred) | ||||
| (d) | Manish A/c Dr. | 1,000 | ||
| To Mahesh A/c | 1,000 | |||
| (Goods returned from Mahesh wrongly credited to Manish, now transferred) | ||||
| (e) | Commission A/c Dr. | 2,000 | ||
| To Sales A/c | 2,000 | |||
| (Cash sales wrongly credited to Commission A/c, now transferred to Sales) |
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