an error of partial omission comitted while posting entries of the sales book. Wrong effect has been : Nil Correct effect should have been : The rectification entry will be : To Suspense A/c Credit sales to Mohan Rs. , were posted to his account as Rs. .
This is an error of commission. Mohan’s account has been debited with Rs. , instead of Rs. , resulting in short debit of Rs.
, . The wrong effect has been : , Correct effect should have been : Hence, rectification entry will be: , To Suspens A/c , ( c ) Credit sales to Mohan Rs. , were posted to his account as Rs. , .
This is an error of commission. The wrong effect has been : , Correct effect should have been The rectification entry will be : Suspense A/c To Mohan’s A/c ( d ) Purchases book overcast by Rs. , . Errors in casting of subsidiary books affect only those accounts where totals of the subsidiary books involved are posted.
The accounts of individual parties are not affected. Consider the following example. Purchases (Journal) Book Invoice Name of suppliers L.F. No.
(Accounts to be credited) Dheru , Chandraprakash , Sachin , , Wrong total , due to overcasting. Dheru’s Account Purchases , Chandraprakash’s Account Purchases , Sachin’s Account Rs . Purchases , Purchases Account Sundries , As you can notice that there is no error in accounts of Dheeru, Chanderprakash and Sachin. Only purchases account has been debited with Rs.
, extra. Hence, rectification entry will be : Suspense A/c To Purchases A/c