Wrong entry-
Shiv a/c Dr 10000
to sales a/c 10000

Reverse entry-
sales a/c Dr 10000
to Shiv a/c 10000

Correct entry
Purchases a/c Dr. 10000
to Shiv a/c 10000

Rectifying entry-
Sales a/c Dr. 10000
purchases a/c Dr. 10000
to Shiv a/c 20000

Hope it helps:)

Searching of Errors and Rectification of Errors

Errors are common in accounting and bookkeeping. They can occur due to various reasons such as human mistakes, incorrect data entry, mathematical errors, or misinterpretation of information. It is essential to identify and rectify these errors to ensure accurate financial reporting. The process of searching for errors and rectifying them is crucial for maintaining the integrity of financial records. In this case, the error of goods purchased from Shiv for RS 10000 being entered in the sales book needs to be addressed.

Searching for Errors
To search for errors, accountants follow a systematic approach to identify and locate the mistakes. The following steps can be taken to search for errors in accounting records:

1. Check for mathematical errors: Accountants should review all calculations to ensure accuracy. This includes adding, subtracting, multiplying, and dividing numbers.

2. Verify data entry: It is important to verify that the data has been entered correctly. This can be done by comparing the original source documents, such as invoices or receipts, with the recorded entries in the books.

3. Reconcile balances: Accountants should reconcile balances between different accounts or records to ensure consistency. This involves comparing balances in the general ledger with subsidiary ledgers or bank statements.

4. Review supporting documentation: Accountants should review supporting documentation, such as invoices, receipts, and vouchers, to verify the accuracy of recorded transactions.

5. Conduct a trial balance: A trial balance is a summary of all the accounts in the general ledger. It helps to identify any discrepancies or errors in the recording of transactions.

Rectification of Errors
Once errors have been identified, they need to be rectified. The process of rectification involves correcting the errors and adjusting the accounting records accordingly. The following methods can be used to rectify errors:

1. Journal entries: If the error is material, a journal entry can be made to correct the mistake. For example, in this case, a journal entry can be made to transfer the goods purchased from Shiv from the sales book to the purchases book.

2. Reversing entries: In some cases, errors can be rectified by reversing the incorrect entry and making a new entry with the correct information. This helps to maintain the accuracy of the accounting records.

3. Adjusting entries: If the error affects the financial statements, adjusting entries may be required. These entries are made at the end of the accounting period to correct any errors and ensure accurate financial reporting.

4. Disclosure notes: If the error is significant and cannot be corrected, it should be disclosed in the financial statements. This helps to provide transparency and clarity to the users of the financial statements.

Conclusion
Searching for errors and rectifying them is an integral part of the accounting process. It ensures the accuracy and reliability of financial records. By following a systematic approach and using appropriate rectification methods, accountants can identify and correct errors effectively. In this case, the error of goods purchased from Shiv being entered in the sales book can be rectified by making a journal entry to transfer the entry to the correct book, i.e., the purchases book.