Rectify the following errors: Credit Purchase from Raghu Rs. 20,000 Were not recorded Were recorded as Rs 10,000. Were recorded as Rs 25,000. Were not posted to his account. Were posted to his account as Rs 2,000 Were posted to Reghav,s account. Were posted to the debit of Raghu,s account. Were posted to the debit of Raghav. Were recorded through sales book
AccountancyClass 11CBSEAnswered 23 Jun 2026
Answer
i)
| Particulars | L.F | Dr. Amonut | Cr.Amount |
| Purchase A/c To Raghu’s A/c (Credit purchase from Raghu omitted to be recorded, now corrected) | 20,000 | 20,000 | |
ii)
| Particulars | L.F | Dr. Amonut | Cr.Amount |
| Purchase A/c To Raghu’s A/c (Credit purchase from Raghu recorded as Rs. 10,000 instead of Rs. 20,000 now corrected) | 10,000 | 10,000 | |
iii)
| Particulars | L.F | Dr. Amonut | Cr.Amount |
| Raghu’s A/c To Purchase A/c (Credit purchase from Raghu recorded as 25,000 instead of Rs. 20,000, now corrected) | 5,000 | 5,000 | |
iv)
| Particulars | L.F | Dr. Amonut | Cr.Amount |
| Suspense A/c To Raghu’s A/c (Credit purchase from Raghu not posted to his account now corrected) | 20,000 | 20,000 | |
v)
| Particulars | L.F | Dr. Amount | Cr. Amount |
| Suspense A/c To Raghu’s A/c (Credit purchase from Raghu Rs. 20,000 posted to his account as Rs. 2,000 now corrected) | 18,000 | 18,000 | |
vi)
| Particulars | L.F | Dr. Amount | Cr .Amount |
| Raghav’s A/c To Raghu’s A/c (Credit purchase from Raghu wrongly credited to Raghav now corrected) | 20,000 | 20,000 | |
vii)
| Particulars | L.F | Dr. Amount | Cr. Amount |
| Suspense A/c To Raghu’s A/c (Credit purchase from Raghu wrongly credited to Raghav now corrected) | 40,000 | 40,000 | |
viii)
| Particulars | L.F | Dr. Amount | Cr. Amount |
| Suspense A/c To Raghu’s A/c To Raghu’s A/c (Credit purchase from Raghu Rs. 20,000 wrongly debited to Ragahv now corrected) | 40,000 | 20,000 20,000 | |
ix)
| Particulars | L.F | Dr. Amount | Cr. Amount |
| Sales A/c Purchase A/c To Raghu’s A/c (Credit purchase from Raghu wrongly recorded through sales book, now corrected) | 20,000 20,000 | 40,000 | |
Suggested Q&A
Accountancy · Class 11- AccountancyClass 11What is meant by Assets? Also explain its types.
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