Effect of Posting a Wrong Amount
If a wrong amount is posted to the ledger from a subsidiary book, the effect is confined to that account only in the ledger. The total of the relevant subsidiary book posted to the ledger will still be correct and, therefore, does not need rectifying.
A credit note for $450 was issued to David. It was recorded correctly in the returns inwards book but posted to the Cr. of his personal account as $480.
It follows that the total of the returns inwards book will be correctly posted to the returns inwards account in the ledger, whereas David’s personal account is over-credited by $30.
An invoice for $1,380 issued to John was recorded correctly in the sales book but posted to the Dr. side of his personal account as $1,830.
It follows that the total of the sales book will be correctly posted to the ledger’s sales account, whereas John’s personal account is over-debited by $450.