Pass necessary Journal entries to rectify the following errors:
(i) A credit sale of Rs. 1,700 to Ram was recorded as Rs. 7,100.
(ii) A credit sale of Rs. 1,700 to Mohan was recorded as sales to Krishan.
(iii) A credit sale of Rs. 1,700 to Asha was recorded as sale to Anshul as Rs. 7,100.
(iv) A credit sale of Rs. 1,700 to Mohan was recorded in the Purchases Book.
(v) A credit sale of old machinery to Sohan for Rs. 1,700 was entered in the Sale Book for Rs. 7,100.
(vi) Cash sale of Rs. 1,700 to Gaurav was recorded as Rs. 7,100.
(vii) Bill Receivable of Rs. 8,100 received from Ravinder was recorded in Bills Payable Book.
(viii) Cash purchase of Rs. 8,100 from Bharat was recorded as Rs. 1,800.

Explanation

Note: For rectifying entry, following procedure may be followed:

Rectifying Entry (Step 4). Net effect of Step 2 and and Step 3 will be passed as given in the solution.
(b) Error of Posting to Wrong Account: This error is committed when the transaction is posted to the wrong account. The errors committed may be of the following types:
1. The transaction is posted to the wrong account but in the correct side and with correct amount.
2. The transaction is posted to the wrong account in the account side but with the wrong amount.
3. The transaction is posted to the wrong account in the wrong side and also with wrong amount.
4. The transaction is posted to the wrong account in the wrong side but with correct amount.