Pass Journal Entries to rectify the following errors: Machinery purchased for ₹ 5,000 has been debited to Purchases A/c.

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.

Solution:-