Page 218 - ISCDEBK-XI

21.6 Double Entry Book Keeping—ISC XI
Illustration 4.
Give Journal entries to rectify the following errors:
(i) A credit sale of ` 4,230 to Ram omitted to be recorded.
(ii) A credit sale of ` 4,230 to Ram entered as ` 4,320.
(iii) A credit sale of ` 4,230 to Ram entered as sale to Shyam.
(iv) A credit sale of ` 4,230 to Ram entered as sale to Shyam ` 4,320.
(v) A credit sale of ` 4,230 to Ram passed through the Purchases Book.
(vi) A credit sale of ` 4,230 to Ram entered in Purchases Book as ` 4,320.
(vii) A credit sale of ` 4,230 to Ram entered as Purchase from Shyam.
(viii) A credit sale of ` 4,230 to Ram entered as purchase from Shyam ` 4,320.
(ix) Sales Book overcast by ` 500.
(x) Total of Sales Book ` 4,230 on page 25 is brought forward on page 26 as ` 4,320.
(xi) Total of Sales Book ` 5,000 omitted to be posted.
Solution: RECTIFYING JOURNAL ENTRIES
Date Particulars L.F. Dr. (`) Cr. (`)
(i) Ram ...Dr. 4,230
To Sales A/c 4,230
(Being credit sale omitted to be recorded, now recorded)
(ii) Sales A/c ...Dr. 90
To Ram 90
(Being sale of ` 4,230 recorded as ` 4,320, now rectified)
(iii) Ram ...Dr. 4,230
To Shyam 4,230
(Being sale to Ram recorded as sale to Shyam, now rectified)
(iv) Ram ...Dr. 4,230
Sales A/c ...Dr. 90
To Shyam 4,320
(Being sale to Ram ` 4,230 recorded as sale to Shyam ` 4,320, now rectified)
(v) Ram ...Dr. 8,460
To Sales A/c 4,230
To Purchases A/c 4,230
(Being sale to Ram recorded as purchase, now rectified)
(vi) Ram ...Dr. 8,550
To Sales A/c 4,230
To Purchases A/c 4,320
(Being sale of ` 4,230 recorded as purchase of ` 4,320, now rectified)
(vii) Ram ...Dr. 4,230
Shyam ...Dr. 4,230
To Sales A/c 4,230
To Purchases A/c 4,230
(Being sale to Ram recorded as purchase from Shyam, now rectified)
(viii) Ram ...Dr. 4,230
Shyam ...Dr. 4,320
To Sales A/c 4,230
To Purchases A/c 4,320
(Being sale to Ram ` 4,230 recorded as purchase from Shyam ` 4,320,
now rectified)