Gutnirpekshta. Dr. Vikas Divya Karti Drishti IAS|#shorts|

Pass the rectifying entries for the following transactions: (i) An amount of Rs. 2,000 received from Mohan on 1st April, 2019 had been entered in the Cash Book as having been received on 31st March, 2019. (ii) The balance in the account of Rahim Rs. 1,000 had been written off as bad but no other account has been debited. (iii) An addition in the Return Inward Book had been cast Rs. 100 short. (iv) A cheque for Rs. 200 drawn for the Petty Cash Account has been posted in the account of Asif. (v) A discounted Bill of Exchange for Rs. 20,000 returned by the firm's bank had been credited to the Bank Account and debited to Bills Receivable Account. A cheque was received later from the customer for Rs. 20,000 and duly paid. [Hint: (v) Dr. Customer's A/c and Cr. Bills Receivable A/c by Rs. 20,000.]

Rectify the following errors found in the books of Bheem. Trial Balance had Rs. 930 excess credit. The difference has been posted to a Suspense Account: (i) The total of Returns Inward Book has been cast Rs. 1,000 short. (ii) The purchase of an office table costing Rs. 3,000 has been passed through the Purchases Book. (iii) Rs. 3,750 paid for wages to workmen for making showcases had been charged to the Wages Account. (iv) A purchase of Rs. 670 had been posted to the Creditors's Account as Rs. 600. (v) A cheque for Rs. 2,000 received from Nakul had been dishonoured and was passed to the debit of the Allowances Account. (vi) An amount of Rs. 15,720 due from Prasad written off as had in a previous year, was recovered and credited to the Personal Account of Prasad. After rectification reflect the transactions in the Suspense Account. [Hint: (vi) Dr. Prasad and Cr. Bad Debts Recovered A/c by Rs. 15,720.]