Question - 09

The following errors were discovered in the books of vinayaka hardware pandurange for the year ended 31st Dec., 2000 :
  1. Sale proceeds of old machinery Rs. 2,080 were credited to sales account.
  2. Dishonoured bill for Rs. 800 returned by bank was debited to bills receivable account and credited to bank's account.
  3. Repair charges of machinery Rs. 460 debited to machinery account.
  4. Rs. 230 were debited to suresh instead of Ramesh.
  5. Goods returned by shekhar worth Rs. 150 was taken to stock but no entry was made in the books.
Pass mecessary journal entries to rectify the above errors.