Pass necessary rectification entries to rectify the following journal entries written by Ishwarlal: Date Particulars L.F. Debit(Rs.) Credit (Rs.) 1 Kishan’s A/c. Dr. 7,000 To Cash A/c. 7,000 (Being the salary of current month Rs.7,000 paid to Kishan) 2 Purchase A/c. Dr. 9,500 To Clinton's A/c. 9,500 (Being the goods of Rs.9,500 sold to Clinton on credit) 3 Purchase A/c. Dr. 17,100 To Cash A/c. 17,100 (Being the goods worth Rs.20,000 purchased at 10 % trade discount and 5 % cash discount) Total 33,600 33,600

Journal proper of Ishwarlal Date Particulars L.F. Debit(Rs.) Credit (Rs.) 1 Salary A/c. Dr. 7,000 To Kishan's A/c. 7,000 (Being rectification entry for paid salary to Kishan is debited to Kishan's A/c. by mistake) 2 Clinton's A/c. Dr. 19,000 To Sales A/c. 9,500 To Purchase A/c. 9,500 (Being rectification entry for credit sale to Clinton is recorded in purchase book by mistake) 3 Purchase A/c. Dr. 900 To Discount A/c. 900 (Being rectification entry for cash purchased with cash discount is left recording of discount by mistake) Total 26,900 26,900

Pass necessary rectification entries to rectify the following jou…

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Question

Pass necessary rectification entries to rectify the following journal entries written by Ishwarlal:
Date	Particulars		L.F.	Debit(Rs.)	Credit (Rs.)
$1$	Kishan’s A/c.	Dr.		$7,000$
	To Cash A/c.				$7,000$
	(Being the salary of current month $Rs.7,000$ paid to Kishan)
$2$	Purchase A/c.	Dr.		$9,500$
	To Clinton's A/c.				$9,500$
	(Being the goods of $Rs.9,500$ sold to Clinton on credit)
$3$	Purchase A/c.	Dr.		$17,100$
	To Cash A/c.				$17,100$
	(Being the goods worth $Rs.20,000$ purchased at $10\%$ trade discount and $5\%$ cash discount)
	Total			$33,600$	$33,600$

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Answer

Journal proper of Ishwarlal
Date	Particulars		L.F.	Debit(Rs.)	Credit (Rs.)
$1$	Salary A/c.	Dr.		$7,000$
	To Kishan's A/c.				$7,000$
	(Being rectification entry for paid salary to Kishan is debited to Kishan's A/c. by mistake)
$2$	Clinton's A/c.	Dr.		$19,000$
	To Sales A/c.				$9,500$
	To Purchase A/c.				$9,500$
	(Being rectification entry for credit sale to Clinton is recorded in purchase book by mistake)
$3$	Purchase A/c.	Dr.		$900$
	To Discount A/c.				$900$
	(Being rectification entry for cash purchased with cash discount is left recording of discount by mistake)
	Total			$26,900$	$26,900$