Pass Journal Entries to rectify the following errors:- 1. Machinery purchased for ₹ 5,000 has been debited to Purchases A/c. 2. ₹ 700 paid to Sh. Mohan Kapoor as Legal Charges were debited to his personal account. 3. ₹ 10,000 paid to Escorts Company for Machinery purchased stand debited to Escorts Company account. 4. Typewriter purchased for ₹ 6,000 was wrongly passed through purchase book. 5. ₹ 20,000 paid for the purchase of a Motor Cycle for proprietor has been charged to 'General Expenses' A/c. 6. ₹ 15,000 paid for the purchase of 'Gas Engine' were debited to 'Purchases' A/c. 7. Cash paid to Ram ₹ 400 was debited to the account of Shyam.

Pass Journal Entries to rectify the following errors:- 1. Machine…

Question

Pass Journal Entries to rectify the following errors:-

Machinery purchased for ₹ 5,000 has been debited to Purchases A/c.
₹ 700 paid to Sh. Mohan Kapoor as Legal Charges were debited to his personal account.
₹ 10,000 paid to Escorts Company for Machinery purchased stand debited to Escorts Company account.
Typewriter purchased for ₹ 6,000 was wrongly passed through purchase book.
₹ 20,000 paid for the purchase of a Motor Cycle for proprietor has been charged to 'General Expenses' A/c.
₹ 15,000 paid for the purchase of 'Gas Engine' were debited to 'Purchases' A/c.
Cash paid to Ram ₹ 400 was debited to the account of Shyam.

2017
March 1	Sold to Chandra Light House
	50 Tubelights @ ₹ 60 each Less: 20%
	20 Heaters @ ₹120 each Less: 25%
March 5	Purchased from Charat Ram Electric Co.
March 10	25 Table Fans @ ₹ 600 each
	20 Ceiling Fans @ ₹800 each
	Chaudhary & Sons purchased from us 80 Dozen Bulbs @ ₹ 90 per Dozen
March 12	Purchased from Ram Lal & Sons one Typewriter for ₹ 6,000 on credit, for office use.
March 16	Sri Ram & Sons sold to us:
March 16	10 Electric Irons @ ₹ 180 each less: 10%
March 20	Chandra Light House returned
March 22	5 Tubelights sold on March 1.
March 22	Sold goods to Jai Bhagwan & Co. for cash ₹ 10,000.
March 25	Returned to Sri Ram & Sons 2 Electric Irons purchased on March 16.

2016
April 1	Balance of cash in hand ₹ 2,000 and at Bank ₹ 12,000.
April 3	Received cash from Madhav ₹ 1,800.
April 5	Cash Sales ₹ 1,000
April 6	Purchases by cheque ₹ 745.
April 9	Paid into Bank ₹ 1,850.
April 10	Paid cash for freight ₹ 54.
April 12	Drew from Bank for office use ₹ 600.
April 13	Issued a cheque in favour of M/s Arun & Sons for ₹ 985.
April 16	Paid into Bank ₹ 715.
April 17	Drew Cash for his son's birthday party ₹ 175.
April 19	Received a cheque from Navin for ₹ 380 and deposited it into bank on the same day.
April 20	Cash Sales ₹ 200.
April 25	Drew from Bank for office use ₹ 200.
April 26	Purchased furniture for ₹ 1,000 and payment made by cheque.
April 27	Navin's cheque dishonoured, Bank charges ₹ 5.
April 29	Purchased business premises, payment made by cheque ₹ 12,000.
April 30	Received cheque for ₹ 675 from Harish.

2019
May 1	Purchased a Machinery for ₹ 1,00,000 and the payment was made by issuing a cheque from Proprietor's saving bank account.
May 4	Received an order from Chakravarti for goods of ₹ 4,00,000 alongwith a cheque of 10% of the order as advance.
May 8	Paid cash ₹ 8,000 to Dushyant and discount allowed by him ₹ 800.
May 10	Goods stolen by an employee (Sale Price ₹ 20,000; Cost ₹ 15,000).
May 15	Purchased stationery worth ₹ 8,000 for office use and ₹ 2,000 for personal use.
May 20	Manoj pays us ₹ 5,400 after deducting 10% for prompt payment.
May 28	Sold goods to Kuber costing ₹ 2,00,000 at 25% above cost less trade discount of 10% and cash discount of 5%. Kuber did not avail the cash discount.

Machinery A/c	₹ 10,00,000
Provision for Depreciation A/c	₹4,05,000

S.No		₹
i	Manu started business with cash	1,00,000
ii	He purchased furniture for business	20,000
iii	Purchase goods on credit from Anshul	6,000
iv	Paid to his creditor, Anshul	2,000
v	Paid salary to his clerk	1,000
vi	Paid rent	500
vii	Received interest	200