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Dr Upendo account Cr
Date Details TZS Date Details TZS
March 18 Cash 320,000 March 18 Cash 160,000
Balance c/f 160,000
320,000 320,000
FOR ONLINE READING ONLY
Balance b/f 160,000
Dr Sales account Cr
Date Details TZS Date Details TZS
March 25 Masunya 520,000
LANGUAGE EDITING
Dr Masunya company account Cr
Date Details TZS Date Details TZS
March 25 Sales 520,000
To deepen your understanding of accounting error corrections, let us explore another
example (Example 9.3):
Example 9.3
The following are the financial transactions of Kayamu Enterprises for April 2022,
which require corrections:
April 4: An extra capital of TZS 5,000,000 paid into the bank was mistakenly
entered in the sales account.
April 8: Goods worth TZS 50,000 taken for personal use were incorrectly debited
to the sundry expenses account.
April 11: A credit sale of TZS 150,000 was omitted from the books of account.
April 17: Repairs to the motor van costing TZS 1,500,000 were erroneously debited
to the motor van account.
April 26: Cash received from Mr. Moro amounting to TZS 350,000 was mistakenly
credited to Mr. Omoro’s account.
Required: Prepared journal entries to correct the above identified errors in the books
of Kayamu Enterprises for the month of April 2022 (narrations are not
required).
Student’s Book Form Five
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