26. Pass Journal entries rectifying the following errors:

(i) A cheque for ₹20,000 was received from Ranjan on which ₹200 Cash Discount was allowed. The cheque was not honoured on due date and the amount of discount was credited to Discount Received Account.

(ii) ₹5,000 paid as wages for machinery installation was debited to Wages Account.

(iii) ₹10,000 received from Rakesh were credited to his Personal Account. The amount had been written off as bad debts earlier.

(iv) Repair bill of machinery was recorded as ₹500 against the bill amount of ₹5,000.