Before preparation of the trial balance, the following errors were found in the books of Saraswat & Sons. Give the necessary entries to correct them. (i) Furniture purchased for of... Before preparation of the trial balance, the following errors were found in the books of Saraswat & Sons. Give the necessary entries to correct them. (i) Furniture purchased for office use amounting to ` 20,000 has been entered in the purchase day book. (ii) An amount of ` 3,000 due from Satyam, which had been written off as bad debts in the previous year, recovered in the current year, and had been posted to the personal Account of Satyam. (iii) Minor Repairs made to the building amounting to ` 18,500 were debited to the Building Account. (iv) Goods purchased from Ram Singh amounting to ` 18,000 have remained unrecorded so far. (v) College fees of proprietor's son, ` 15,000 debited to the Audit fees Account. (vi) Receipt of ` 4,500 from Kanika credited to the Anita. (vii) Goods amounting to ` 8,900 had been returned by a customer and were taken into inventory, but no entry was made in the books. (viii) ` 7,500 paid for wages to workmen for making office furniture had been charged to wages account. (ix) Salary paid to a clerk ` 18,000 has been debited to his personal account. (x) A purchase of goods from Raghav amounting to ` 20,000 has been wrongly entered through the sales book. Read more