Question 25 Chapter 10 – Unimax Publications of Class 11

Question 25 Chapter 10 – Unimax Publications of Class 11

25. Give rectifying entries for the following:
(1) Sales of goods ₹ 6,000 to Madan were recorded as ₹ 600 in the sales book.
(2) A credit purchase of goods from Mohan amounting to ₹ 2,000 has been wrongly passed through the ‘sales book’.
(3) A return of goods worth ₹ 500 by a customer were entered in ‘purchases return book’.
(4) A cheque of ₹ 400 received from Rajan was dishonoured and debited to ‘discount A/c’.
(5) Bill for ₹ 820 received from Ramesh for repair of machinery was entered in the purchases book as ₹ 720.

The solution of Question 25 Chapter 10 – Unimax Publications of Class 11

Journal

Date	Particulars			L.F.	Debit	Credit
1	Madan’s A/c	Dr.			5,400
	To Sales A/c					5,400
	(Being sales to Madan of ₹ 6,000 recorded as ₹ 600 in sales book, now rectified)
2	Purchases A/c	Dr.			2,000
	Sales A/c	Dr.			2,000
	To Mohan A/c					4,000
	(Being purchases from Mohan wrongly passed through sales book, now rectified)
3	Sales returns A/c	Dr.			500
	Purchases return A/c	Dr.			500
	To customer’s A/c					1,000
	(Being goods returned by a customer, passed through purchases returns book now rectified)
4	Ranjan’s A/c	Dr.			400
	To Discount A/c					400
	(Being Ranjan cheque dishonoured & debited to discount a/c, now rectified)
5	Repairs A/c		Dr.		820
	To Purchases A/c					820
	(Being repair of machinery entered in purchases book, now rectified)