Question No 12 Chapter No 16 - USHA Publication 11 Class

Question No 12 Chapter No 16

Table of Contents

Error in two Accounts with same Account

12.The following errors were found in the books of M/s Amritsar Trading Company:

Rs 1,500 paid as wages for the construction of office building debited to wages account
Cartage on newly purchased furniture Rs 100 posted to cartage account
Furniture purchased from Ram on credit for Rs 3,000 recorded as Rs 300
Wages paid Rs 2,500 were recorded in cash book as Rs 2,505 and posting made accordingly.
Purchases from Yadwinder Rs 1,002 were omitted from the books
Cash received Rs 3,52 from Surinder Kumar whose account was previously written off as bad, was credited to his personal account
Rectify the above errors

Journal
Date	Particulars		L.F.	Debit	Credit

(a)	Building A/c	Dr.		1,500
	To Wages A/c				1,500
	(Being wages for construction wrongly debited to wages account now corrected.)

(b)	Furniture A/c	Dr.		10
	To Cartage A/c				10
	(Being cartage on furniture debited to Carriage account now corrected.)

(c)	Furniture A/c	Dr.		270
	To Ram A/c				270
	(Being furniture of Rs 300 wrongly recorded as Rs 30, now recorded.)

(d)	Cash A/c	Dr.		5
	To Wages A/c				5
	(Being wages paid Rs 2,500 wrongly recorded Rs 2,505, now corrected.)

(e)	Purchases A/c	Dr.		1,002
	To Yadwinder A/c				1,002
	(Being purchase omitted now corrected.)

(f)	Gujral A/c	Dr.		352
	To bad debts recovered A/c				352
	(Being bad debts recovered credited to debtor personal account now corrected)