2. Rectify the Following errors

1. Machinery purchased for ₹9,000/- has been debited to Purchase Account.

2. ₹15,000/- paid to Indus Company for Machinery purchased stand debited to Indus Company Account.

3. Printer Purchased for ₹10,000/- was wrongly passed through Purchase Book.

4. ₹800/- paid to Mohan as Legal Charges was debited to his personal account.

5. Cash paid to Ramesh ₹500/- was debited to Suresh.

Solution:

        Journal proper

Date 

Particulars 

L/F 

Debit ₹ 

Credit ₹ 

1. 

Machinery A/c                   Dr. 

      To Purchase A/c     

[Being Purchased Machinery has wrongly debited to Purchase Account, Now Rectify] 

 

9,000 

 

9,000 

2. 

Machinery A/c                  Dr. 

      To Indus Co. A/c 

[Being Purchased Machinery has wrongly debited to Indus Co. Account, Now Rectify] 

 

15,000 

 

15,000 

3. 

Printer A/c                        Dr. 

      To Purchase A/c  

[Being Purchased Printer was wrongly Passed through Purchase Book, Now Rectify] 

 

10,000 

 

10,000 

4. 

Legal Charges A/c             Dr. 

        To Mohan A/c 

[Being Paid to Mohan as Legal Charges but was debited to his personal account, Now Rectify] 

 

800 

 

800 

5. 

Ramesh A/c                         Dr. 

         To Suresh A/c 

[Being cash paid to Ramesh was wrongly debited to Suresh account, Now Rectify] 

 

500 

 

500 




Working Note： 

Sr. No. 

Wrong Entry 

Reverse Entry 

Correct Entry 

Rectifying Entry 

1. 

Purchase A/c Dr. 

                         9,000 

    To Cash A/c 9,000 

Cash A/c Dr.    9,000 

     To Purchase A/c 

                          9,000 

Machinery A/c Dr.                                   9,000 

    To Cash A/c  9,000 

Machinery A/c Dr.   9,000 

      To Purchase A/c 9,000 

2. 

Indus Co. A/c  Dr. 

                        15,000 

  To Cash A/c 15,000 

Cash A/c Dr. 15,000 

    To Indus Co. A/c  

                       15,000 

Machinery A/c Dr.                                  15,000 

    To Cash A/c 15,000 

Machinery A/c Dr. 15,000 

   To Indus Co. A/c 15,000 

3. 

Purchase A/c Dr.                                10,000 

  To Cash A/c 10,000 

Cash A/c Dr. 10,000 

    To Purchase A/c 

                        10,000 

Printer A/c Dr.                                       10,000 

    To Cash A/c 10,000 

Printer A/c Dr. 10,000 

   To Purchase A/c 10,000 

4. 

Mohan A/c Dr. 800 

    To Cash A/c    800 

Cash A/c      Dr.    800 

    To Mohan A/c 800 

Legal Charges A/c Dr.                                 800 

   To Cash A/c       800 

Legal Charges A/c Dr. 800 

     To Mohan A/c         800 

5. 

Suresh A/c   Dr.  500 

  To cash A/c       500 

Cash A/c      Dr.   500 

   To Suresh A/c   500 

Ramesh A/c   Dr.  500 

     To Cash A/c     500 

Ramesh A/c       Dr.     500 

     To Suresh A/c        500 

Explanatory Note：

1. Machinery purchased has been debited to Purchase Account.
It`s Says Purchase of machinery made but wrongly debited to Purchase Account instead of Machinery Account. 
   
2. Paid to Indus Company for purchase of machinery stand debited to Indus Company Account.
It`s Says Purchase of machinery made but wrongly debited to Indus Company Account instead of Machinery Account.

3. Printer Purchased was wrongly passed through Purchase Book.
It`s says Purchased Printer was passed through Purchase Book instead of Printer Purchased Account.

4. Paid to Mohan as Legal Charges was debited to his Personal Account.
It`s Says Paid to Mohan as Legal Charges but was debited to his Personal Account instead of Legal Charges.

5.Cash paid to Ramesh was debited to Suresh account.
It`s Says Cash paid to Ramesh but instead of Ramesh account it has debited to Suresh Account.
 




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