COMPREHENSIVE PROBLEMS FOR REVISION

Objective: The following Problems have been given ONLY to REVISE the
Chapter. In Examination only some of the parts and not all the parts of such
lengthy problems may be asked.
PROBLEM 1
Rectify the followingerrors:
(a) A credit sale of goods of 423 to Krishan omitted to be recorded.
(b) Acredit sale of goods of 423 to Krishan entered as?432.
(c) Acredit sale of goods of 423 to krishan entered as sale to Kishan.
(d) A credit sale of goods of 423 to krishan entered as sale to Kishan 43
(e) Acredit sale of goods of 423 to Krishan passed through the
Book. Purchases
() Acredit sale of goods of 423 to Krishan entered in Purchases Book as 32
(a) Acredit sale of goods of 423 to Krishan entered as purchase from Kishan.
(h) Acredit sale of goods of 423 to Krishan entered as purchase from
Kishan 432.
(0) Sales Book overcast by?9.
() Total of Sales Book ? 423 on page 5 is brought forward on
page 6 as
432.
(k) Total of Sales Book 423 omitted to be posted.
() A credit sale of goods of 423 to Krishan omitted to be posted.
(m) A credit sale of goods of 423 to Krishan posted as 432.
(n) A credit sale of goods of 423 to Krishan credited to his account.
(o) A credit sale of goods of rs 423 to Krishan credited to his
7 432.
account as
(p) Acredit sale of goods of 423 to Krishan posted to the debit of
Kishan.
(a) Acredit sale of goods of 423 to Krishan posted to be debit of Kishan as
7 432.
(r) A credit sale of goods of 423 to Krishan posted to the
(s) Acredit sale of goods of 423 to Krishan posted to the
credit of Kishan.
?432. credit of Kishan as
(t) Acredit sale of an old machine of 423 to Krishan recorded as sale of
goods.
(u) A credit sale of goods of 423 to Krishan
book and posted therefrom to the debit of passed through the purchases
(v) Acredit sale of goods of 423 to Krishan Krishan.
432 and posted therefrom to the credit entered
in the purchases book as
of Kishan as 423.
(w) Goods (Cost 423, Sale Price 432) taken by Ganesh, the proprietor tor
his personal use recorded in the sales book.
SOLUTION
JOURNAL
Date Particulars LIF Dr.(R) Cr. )
(a) Krishan Alc Dr. 423
To Sales A/c
423
(Being credit sale omitted to be recorded, now
recorded)
 Errors and Their Rectification 15.,47

(b) Sales A/c

Dr. 9
To Krishan A/c
9
(Being sale of 423 recorded as 432, now rectified)
(c) Krishan A/c Dr. 423
To Kishan A/c
423
(Being sale to Krishan recorded as sale to
Kishan, now rectified)
() Krishan Dr. 423
Sales Ac Dr. 9
ToKishan 432
(Being sale to Krishan 423 recorded as sale to
Kishan 432, now rectified)
(e) Krishan Dr. 846
To Sales A/c 423
To Purchases Alc
423
(Being sale recorded as purchase, now rectified)
() Krishan Dr. 855
To Sales Alc 423
To Purchases Ac 423
(Being sale of 423 recorded as purchase of
432, now rectified)
g Krishan Dr. 423
Kishan Dr. 423
To Sales Alc 423
To Purchases A/c 423
(Being sale to Krishan recorded as purchase
from Kishan, now rectified)
(h) Krishan Dr. 423
Kishan Dr. 432
To Sales A/c 423
To Purchases Alc 432
(Being sale to Krishan 423 recorded as
purchase from Kishan 432, now rectified)
(0) Sales A/c Dr.
To Suspense A/c 9
(Being the sale book overcast, now rectified)
) Sales Ac Dr.
To Suspense A/c
(Being total of 423 b/f as 432,now rectified)
(k) Suspense Alc Dr. 423
ToSales A/c 423
(Being totalof Sales Book omitted to be posted,
now rectified)
() Krishan Dr. 423
ToSuspense Alc 423
(Being omissioh of posting to Krishan, now
rectified)
(m) Suspense A/c Dr. 9
To Krishan 9
(Being excess debit to Krishan, now rectified)
15.48 Tulsian's Accountancy
Dr. 846
(n) Krishan
846
To Suspense A/c
(Being wrong side posting, now rectified)
Dr. 855
(0) Krishan
855
To Suspense A/c
(Being posting on wrong side with wrong
amount, now rectified)
Dr. 423
(p) Krishan
423
To Kishan
(Being posting to wrong a/c, now rectified)
Dr. 423
(9) Krishan
Suspense A/c Dr.
432
To Kishan
(Being posting to wrong alc with wrong amount,
now rectified)
Krishan Dr. 423
(r) 423
Kishan Dr.
To Suspense Alc 846
(Being posting to wrong alc on wrong side,
now rectified)
(s Krishan Dr. 423
Kishan Dr. 432
To Suspense A/c 855
(Being posting to Wrong alc on wrong side with
Wrong amount, now rectified)
(t) Sales A/c Dr. 423
To Machine Alc 423
(Beingsale of machine recorded as sale of
goods, now rectified)
(u) Suspense A/c Dr. 846
To Sales A/c 423
ToPurchases A/c 423
(Being a sale recorded as purchases, now
rectified)
(v) Krishan Dr. 423
Kishan Dr. 423
Suspense Ac Dr.
ToSales A/c 423
ToPurchases A/c 432
(Beingsale recorded as purchase with wrong
amount and wrong posting therefrom, now
rectified)
(w) Sales A/c Dr. 432
Drawings Alc Dr. 423
To Ganesh's Capital A/c 432
To Purchases A/c 423
(Being the goods taken by proprietor for his
personal use recorded in sales book, now
rectified)
 Errors and Their Rectification 15.49

PROBLEM 2

Pass the necessary journal entries to rectify the following errors:

(a) Goods (Cost 10,000, Sale Price 12,000) taken away by the proprietor
were not recorded anywhere.
(b) Goods (Cost 20,000, Sale Price 24,000) distributed as free samples
among prospective customers were not recorded anywhere.
I Goods (Cost 30,000, Sale Price 36,000) were returned by Ram, a
customer and were taken into stock on the same date but no entry was
passed in the books.
(d) Materials from store of ? 10,000 and Wages 4,000 had been used in
making tools and implements for use in own factory, but no adjustments
were made in the books.
(e) Acredit purchase ofold machinery from Sohan for 17,000 was entered in
the Purchases Book as purchase from Mohan for 71,000.? 3,000 paid as
repairing charges on the reconditioning of a newly purchased second hand
Machinery debited to General Expenses Account.
() Acheque for 12,800 received from Farid was dishonoured and has been
posted to the debit of Sales Returns Account.
(a) An amount of ? 5,720 due from Lalta Prasad, written off as bad in a
previouS year, was recovered and credited to the personal account of Lalta
Prasad.
(h) A discounted Bill of Exchange receivable for 16,000 returned by the
firm's bank had been credited to the Bank Account and debited to Bills
Receivable Account. A cheque was received later from the Customer for
716,000 and duly paid.
SOLUTION
JOURNAL

Date Particulars LE Dr.) Cr. )

(a) Drawings Alc Dr. 10,000

To Purchases Alc 10,000
(Being goods taken away by the proprietor
omitted to berecorded, now recorded)
Free Samples A/c Dr. 20,000
(b)
20,000
To Purchases Alc
(Being goods distributed as free samples
ornitted to be recorded, now recorded)
Sales Returns A/c Dr. 36,000
(c) 36,000
To Ram's Ac
(Being sales returns omitted to be recorded,
now recorded)
(d) Tools &Implements Ac Dr. 14,000
To Purchases A/c 10,000
To Wages Alc 4,000
(Being materials and wages used in making
tools, omitted to be adjusted, nowadjusted)
15.50 Tulsian's AcOountancy

(e) Mohan Dr. 71,000

Machinery Alc Dr. 20,000
To Sohan
To Purchases A/c
17,000
71,000
To General Expenses A/c 3,000
(Being purchase of old machinery recorded
the Purchases Book and repairing charges
debited to General ExpensesAc, now rectified)
Farid Dr. 12,800
()
To Sales Returns A/c 12,800
(Being dishonour of a cheque wrongly debited
to Sales Returns A/c now rectified)
(9) Lalta Prasad Dr. 5,720
To Bad Debts Recovered Alc 5,720
(Being Bad Debts Recovered wrongly debited
to Lalta Prasad now rectified)
(h) Customer Dr. 16,000
To Bills Receivable Ac 16,000
(Being dishonour of a B/R wrongly debited
to Bills Receivable Alc now rectified)

PROBLEM 3
Pass the necessary journal entries to rectify the following errors:
(a) Acash sale of Goods to X 17,000posted as ?71,000
(b) A credit sale of Goods to Y 17,000 posted as 71,000.
(c) A credit sale of Furniture to Z for 17,000 posted as R71,000.
(d) Bills Receivable from Henry of 16,000 posted to the credit of Bills
Payable Account and also credited to Henry.
(e) Discounts received of 14,200 had been debited to discount allowed.
() Acredit sale of Goods of ? 4,230 to Krishan passed through the Purchase
Book as 4,320 and posted therefrom to the credit of Kishan as
4,230.
(9) Goods (Cost ?4,230, Sale Price 4,320) taken by Ganesh, the proprietor
for his personal use recorded in the Sales Book.
(h) An amount of 8,000 owing by a customer had been omitted from the list
of Sundry Debtors.
() Acredit sale of old furniture to Rohan for 17,000 omitted to be posted.
SOLUTION
JOURNAL

Date Particulars L.F Dr. S) C:.R)

(a) Sales Ac Dr. 5,400
To Suspense Ac 5,400
(Being posting to Sales Alc, now rectified)
(b) Suspense Alc Dr. 5,400
To X 5,400
(Being the posting to X's Alc, now rectified)
 Rectification 15.51
Errors and Their

(c) Furniture A/c Dr. 5,400

To Z 5,400
(Being error in posting, now rectified)
(d) Bills Payable A/c Dr. 16,000
Bills Receivable Alc Dr. 16,000
To Suspense A/c 32,000
(Being a B/R received from Henry wrongly
posted to the credit of B/P, now rectified)
(e) Suspense A/c Dr. 28,400
To Discount Allowed A/c 14.200
To Discount Received A/c 14,200
(Being Discount Received wrongly posted
to Discount Allowed Alc, now rectified)

() Krishan Dr. 4.230

Kishan Dr. 4,230
Suspense A/c Dr. 90
To Sales A/c 4,230
To Purchases A/c 4,320
(Being sale recorded as purchase with
wrong amount and wrong posting therefrom,
now rectified)
(g) Sales A/c Dr. 4,320
Drawings Alc Dr. 4.230
To Ganesh Alc 4,320
To Purchases A/c 4,230
(Being the goods taken by proprietor for his
personal use reco. in sales book, now rectified)

(h) Sundry Debtors Dr. 8,000

8,000
To Suspense A/c
(Being a debtor omitted from the list now included)
Note: Debtor's Ac need not be posted again in
the ledger in this case since it is already correctly
|balanced].
(0) No Journal Entry is to be passed as it has already
been correctly passed in the Journal. Merely
posting in both the accounts in the ledger is
required.

PROBLEM 4
Rectify the following errors in the books of SB Ltd.
(a) Goods sold to Mohan for ? 30,000 was wrongly passed through the
purchases book.
(b) Goods sold to Sohan for 40,000was wrongly passed through purchases
book but correctly posted on the debit side of Sohan's account.
(C) Goods purchased from Rohan for 3,000 passed through sales book.
(d) Goods purchased from Shyam for 3,000 was passed through sales book
but correctly credited to Shyam's account.
15.52 Tulsian's Accountancy
returns outward
(e) Goods returned by Ram for 4,000 were passed through
book.
() Bills drawn on Murli for 6.000was passed through bills payable book,
(9) Bills payable worth 3,000 accepted in favour of Murari, was passed
account was correctlv
through bills receivable book with 300 and Murari's
debited.
passed through sales Book.
(h) Goods returned to Bankey for 1,000 was
was passed through return inward
() Goodspurchased from Bihari for 1,000
book.

SOLUTION
JOURNAL

Particulars LE Dr. (8) Cr.3)

Date
Mohan Dr. 60,000
(a) 30,000
To Sales A/c
To Purchases A/c 30,000
(Being sales passed through purchases book,
now recorded)
Suspense A/c Dr. 80,000
(b)
To Sales A/c 40,000
To Purchases A/c 40,000
(Beingthe sales passed through purchases book
but Sohan's Alc correctly posted, now rectified)
(c) Sales A/c Dr. 3,000
Purchases A/c Dr. 3,000
To Rohan's Alc 6,000
(Being purchases passed through sales book,
now rectified)
(d) Sales A/c Dr. 3,000
Purchases A/c Dr. 3,000
ToSuspense A/c 6,000
(Beingpurchases passed through sales book
but Shyam' Ac correctly posted, now rectified)
(e) Sales Returns Ac Dr. 4,000
Purchase Returns A/c Dr. 4,000
To Ram 8,000
(Being sales returned passed through returns
outward book, now rectified)
Bills Receivable Alc Dr. 6,000
Bills Payable Alc Dr. 6,000
To Murli 12,000
(Being B/R drawn recorded in B/PBook,
now rectified)
(g) Suspense A/c Dr. 3,300
ToB/R A/c 300
To B/P Ac 3,000
(Being B/P recorded in B/R Book but Murari's
A/c correctly posted, nowrectified)
 Errors and Their Rectification 15.53

(h) Sales Ac Dr. 1,000

To Purchase Returns A/c 1,000
(Being purchase returns recorded in sales
book, now rectified)
() Purchase Ac Dr. 1,000
To Return Inward Alc 1,000
(Being purchase recorded in return inward
book, now rectified)