Pass the necessary journal entries and rectify the following errors PLS - Accountancy - Trial Balance and Rectification of Errors

Question

Pass the necessary journal entries and rectify the following errors
PLS

Sirjan Arneja · Accepted Answer

Dear Student,

Date
Particulars
LF
Dr
Cr

Suspense A/c Dr
To Sales A/c
(Being Sales to Madan recorded at a lesser amount in sales
book)

5400

Sales A/c Dr
Purchases A/c Dr
To Mohan A/c
(Being purchase from Mohan wrongly entered in sales book)

2000
2000

4000

Sales Return A/c Dr
Purchase Return A/c Dr
To Customer A/c
(Being Sales return recorded as purchase return)

500
500

1000

Discount Allowed A/c Dr
To Bank A/c
(Being cheque of Rajan dishonoured, debited to Discount
account)

400

Expense on repair of machinery A/c Dr
To Purchase A/c
To Bill Receivable A/c
(Being bill for repair of machinery entered in purchase book)

820

720
100

Regards

Date	Particulars	LF	Dr.	Cr.
	Suspense A/c Dr. To Sales A/c (Being Sales to Madan recorded at a lesser amount in sales book)		5400	5400
	Sales A/c Dr. Purchases A/c Dr. To Mohan A/c (Being purchase from Mohan wrongly entered in sales book)		2000 2000	4000
	Sales Return A/c Dr. Purchase Return A/c Dr. To Customer A/c (Being Sales return recorded as purchase return)		500 500	1000
	Discount Allowed A/c Dr. To Bank A/c (Being cheque of Rajan dishonoured, debited to Discount account)		400	400
	Expense on repair of machinery A/c Dr. To Purchase A/c To Bill Receivable A/c (Being bill for repair of machinery entered in purchase book)		820	720 100

Pass the necessary journal entries and rectify the following errors...PLS