Correction

of Errors
CORRECTING ERRORS THROUGH
JOURNAL
 General Journal

A general journal is used to record entries not

recorded in any other books of prime entries.
 Format of the General journal

Date Detail Folio Debit Credit

Account to be xxxx
debited
Account to be xxxx
credited
( Narration)
Items generally recorded in the
general journal
❖ Opening entries

❖ Purchase and sale of non-current asset

❖ Non-regular transactions as year end adjustments

❖ Irrecoverable debts

❖ Correction of Errors
Correction of Errors
Error of
Date Detail Debit credit
Omission:
Purchase of Purchases a/c 3 000

goods for cash Cash a/c 3 000

$ 3 000 omitted ( Error of
from accounting omission now
being
records corrected)
 Date Detail Debit credit

Error of Adam a/c 1 500

commission:
Alan a/c 1 500
Goods sold to
Adam ( Error of
commission now
$ 1500 was being
debited Alan a/c corrected)
 Date Detail debit credit
Error of
Principle: Repairs on fixtures 4 000
and fittings
Repairs on
fixtures Fixtures and 4 000
fittings
$ 4 000
debited to ( Error of principle
now being
fixtures and corrected)
fitting a/c
Date Detail Debit Credit
Purchases 900 Error of Original
entry: Purchases
cash 900 of goods for
( Error of cash $ 2 100 had
been recorded
original
as $1200
entry now
being
corrected)
Date Detail Debit credit
Complete reversal
cash 2 000
of entries: cash
bank 2 000 withdrawn from
bank $ 1 000 had
( complete been debited to
reversal of bank a/c and
entries now credited cash a/c.
being
corrected)
Date Detail Debit credit
Compensating Error:
Sales 1 000 Purchases a/c over
casted by $ 1 000 to
Purchases 1 000
compensate sales
(Compensatin a/c too was
g error now credited by $ 1 000
being
corrected)
 The same journal should be used to
correct all the errors.
How to
correct the
Every error would be corrected using one
errors through debit and one credit entry. Some
transaction would have 3 entries
journal entries depending on the question.
for past paper
question After correcting every error there should
be a narration for the transaction. Some
questions will not require narration.
Layout in past paper question for
correction of errors
Detail Debit Credit

B Roy 1410

A Ray 1410
Thank You