RECTIFICATION OF ERRORS

1. Pass the rectification entries and show the suspense a/c for the following errors detected after the trial balance:

i. A cheque for 220 received from tenant for rent has been entered in the cash book but the double entry has not been completed.

ii. The account of Rama Rao, a debtor for 160 had been written off as bad but the entry has been made only in the personal account.

iii. The discount column on the debit side of the cash book 200 has been posted to the credit of discount received account.

iv. The sales day book is under cast by 3150.

v. 95 received for commission not posted to commission account.

vi. Goods returned 27 to RK & Co. though entered in returns book, is left unposted.

2. Rectify the following errors through a Suspense a/c.

i. Goods sold to Rama 1000 were not posted to his account.

ii. Purchase book was overcast by 400.

iii. Sales book was undercast by 53.

iv. Purchase returns book was undercast by 16.

v. Cash received from Govind 111 was posted to his account as 1111.

vi. Cash paid to Raghu 770 was posted to his account as 170.

vii. Payment of 140 rent debited to landlord account.

viii. Payment of 1000 to A posted to his credit as 100.

ix. A credit sale of 500 was entered in the returns outward book.

x. A cash purchase of 105 was not posted in the ledger.

xi. 150 paid to Dinesh posted to Dhir.

xii. A credit purchase of 300 from Y posted as 30 in the ledger.

3. Rectify the following errors through a Suspense a/c.

i. Sales day book was overcast by 100.

ii. A sale of 50 to “X” was wrongly debited to ‘Y’.

iii. General expenses, 180 was posted in the account as 810.

iv. A bills receivable for 155 was written on bills payable book. The bill was given by ‘P’.

v. Legal expenses, 119 paid to James was debited to his personal account.

vi. Cash received from C. Dass was debited to G. Dass 150.

vii. While carrying forward the total of one page of purchase book to the next, the amount of 1235 was written as 1325.

4. Rectify the following errors through a Suspense a/c.

i. Goods sold to Ramani 175 were not posted to account.

ii. Purchase book total was overcast by 400.

iii. Sales book total was undercast by 53.

iv. Purchase returns book total was undercast by 16.

v. Cash received from Govind 111 was posted to his account 1111.

vi. Cash paid too Ranga 770 was posted to his account 170.

5. The following errors were discovered in the books of Mr.Mahesh affecting the year ended 31.3.06. The difference was carried to a suspense account and the trial balance was balanced. Give effective Journal entries.

i. A cheque of 750 received for loss of stock by fire had been deposited in the proprietor’s private bank account.

ii. An item of purchase of 151 entered in the inward invoice book as 15 and posted to the supplier’s a/c as 51.

iii. A sales return of 500 was not entered in the books though considered in the stock book.

iv. An amount of 300 was received in full settlement from a customer after he was allowed discount of 50, but while writing the books, the amount received was entered in the discount column and discount allowed was entered in the amount column.

v. Bills receivable received from Mr.A of 1000 was posted to the credit of bills payable account and also credited  to the account of Mr.A.

6 .Rectify the following errors by giving an explanation or entries, wherever necessary:

i. Interest received 300 credited to discount a/c.

ii. Sales book was undercast by 1000

iii. Purchases book was overcast by 250

iv. Returns outward book undercast by 150

v. Returns inward book overcast by 200

vi. An amount of 800 paid to Pushpahasa was wrongly debited to Prajagara.

7. Rectify the following errors through a Suspense a/c.

i. Sales book under cast by 100

ii. Goods 154 returned by a customer have been posted to purchase book.

iii. Furniture purchased from Khadar & Co. for 1000 was recorded in purchases book.

iv. Purchase of goods for 250 from Gupta posted to the debit of his account.

v. A discount of 15 from Aswini does not appear in the cash book.

8. The trial balance of Sainath showed 580 excess debit on 31.12.07. This was transferred to a suspense a/c. on verification of trial balance in January 08, the following errors were found. Rectify the errors by preparing suspense a/c.

i. cash received 540 from Narendra was debited to his a/c.

ii. Purchase returns 100 were debited to purchases.

iii. Discount received 200 was recorded in cash book, but not posted to the ledger.

iv. Repairs to motor car 574 were debited to motor car 174 in error.

v. Sales to Narayana 350 were recorded in sales a/c 530 in error.

vi. A debit balance of 250 in Karuna a/c was carried forward to  next page as credit balance in error.

vii. A machine purchased on 1.1.07 for 6000 was posted to purchases a/c.

9. Rectify the following errors by opening suspense account:

i. Cash received from Jagan 300 was debited to Mohan.

ii. While carrying forward the total of one page of purchases book, the amount of 1235 was written as 1325.

iii. Rent of 129 paid to Kiran was debited to his personal account.

iv. Trade expenses 18 was posted in the account 80.

v. A sale of 500 to Jaya was credited to his account.

10.Give rectifying journal entries of the following errors:

i. Purchase of a second hand motor car for 15000 has been debited to motor car maintenance a/c.

ii. A sale of 5000 to Shriram has been wrongly entered in the purchases book as 5000

iii. An entry of the purchase returns of 2000 to Shri Ramji has been omitted to be recorded in the books.

iv. An amount of 2000 received from Shrikant has been posted to the credit of Shriram

v. The sales made to Ram for the month of July 150000 has been omitted to be recorded in the books.

11. Rectify the following errors by opening Suspense a/c wherever necessary.

i. 1000 spent for repairs of building has been posted to building account.

ii. A sale of 730 to Mohinder singh has been entered in the sales book as 370

iii. Goods worth 500 purchased from Rama have been omitted to be recorded in the books.

iv. 400 paid as salary to a clerk has been debited to his personal account.

v. 75 discount allowed by a creditor has been debited to discount account.

vi. The total of sales book has been added 100.

12. Rectify the following errors

i.   700 paid for purchase of office furniture charged to office expenses account.

ii. Total of the discount column on credit side of the cash book was short by 100.

iii. An amount of withdrawal 500 by the trader for personal use was debited to trades expenses account.

iv.190 received on account of interest was credited to commission account.

v. sales book under cast by 3,000