Rectification of errors !!!

Dear Friends,

Please answer these doubts of accounts-Rectification of Errors.Its really important for me.

Rectify the following errors: 

1. An amount of Rs.375 has been posted on the debit side of commission account instead of Rs.275.

2.Goods of Rs.200 purchased from Sohan Lal has been posted to his account as Rs.250.

3.Total of Sales Returns Book was overcast by Rs.475 

4.Goods of Rs.300 were sold to Mahesh,but it was recorded in Purchase Book.

I need rectifying entries and accounting effect for the same above entries. 

Thanks in advance.:):):)

Replies (2)
1. Suspense dr. 100 To commission 100 2. Sohan dr. 50 To suspense 50 3. Suspense dr. 475 to sales return 475 4. Mahesh dr. 600 to sales 300 to purchases 300

Thank u Sir.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details