Rectification of Errors - (Part - 2) Commerce Notes | EduRev

TS Grewal Solutions - Class 11 Accountancy

Created by: Nipun Tuteja

Commerce : Rectification of Errors - (Part - 2) Commerce Notes | EduRev

The document Rectification of Errors - (Part - 2) Commerce Notes | EduRev is a part of the Commerce Course TS Grewal Solutions - Class 11 Accountancy.
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Page No 17.35:

Question 6: Rectify the following errors:
(i) Sales to Vinod of ₹ 143 posted to his account as ₹ 134.
(ii) Sales to Vinod of ₹ 143 debited to his account as ₹ 134.
(iii) Sales to Vinod of ₹ 143 credited to his account as ₹ 134.

ANSWER:
Rectification of Errors - (Part - 2) Commerce Notes | EduRev


Page No 17.36:

Question 7: Pass the necessary Journal entries to rectify the following errors
(i) ₹ 15,000 paid as wages for the construction of office building debited to Salaries Account.
(ii) ₹ 20,000 spent on the purchases of material for the construction of building debited to Purchases Account.
(iii) ₹ 50,000 spent on the extension of building was debited to Building Repairs Account.
(iv) ₹ 25,000 spent on whitewash of a new building was charged to Building Repairs Account.
(v) ₹ 1,000 paid as installation charges for newly purchased second hand machinery posted to Cartage Account.
(vi) ₹ 10,000 paid as repairing charges on the reconditioning of a newly purchased second hand machinery debited to General Expenses Account.
(vii) ₹ 5,000 paid as repairing charges of an existing machine in use charged to Machinery Account.
(viii) ₹ 10,000 paid by cheque for a printer was charged to the Office Expense Account.

ANSWER:
Rectification of Errors - (Part - 2) Commerce Notes | EduRev
Rectification of Errors - (Part - 2) Commerce Notes | EduRev


Page No 17.36:

Question 8: Give rectifying Journal entries for the following errors:
(i) Goods returned by Mohan of ₹ 1,500 not recorded in books.
(ii) Goods distributed as free samples for ₹ 5,000 not recorded.
(iii) Depreciation of machinery of ₹ 10,000 not charged.
(iv) Goods costing ₹ 780, selling price ₹ 1,000 given as charity not recorded.
ANSWER:
Rectification of Errors - (Part - 2) Commerce Notes | EduRev


Page No 17.36:

Question 9: Rectify the following errors:

(i) Goods purchased from Kunal for ₹ 8,000 and from Kapil of ₹ 9,000 recorded correctly in the Purchases   Book. However, ₹ 9,000 was posted to Kunal and ₹ 8,000 to Kapil.
(ii) Anil's Account was excess debited by ₹ 500 while Suraj's Account was short debited by ₹ 500.
(iii) Parkar's Account was short credited by ₹ 700 while Manisha's Account was excess credited by ₹ 700.
(iv) Goods sold to Roopak for ₹ 1,000 and to Sagar for ₹ 1,800 recorded correctly in the Sales Book. However, ₹ 1,800 was posted to Roopak and ₹ 1,000 to Sagar.

ANSWER:
Rectification of Errors - (Part - 2) Commerce Notes | EduRev



Page No 17.36:

Question 10: Following errors affecting the accounts of the year 2018–19 were detected in the books of Das & Co., Meerut:

(i) Sale of old furniture for ₹ 5,000 was treated as sales of goods.

(ii) Rent of proprietor’s residence ₹ 6,000 was debited to Rent Account.

(iii) Cash received from Rajesh ₹ 2,150 was credited to Brajesh.

Pass the rectifying Journal entries. State the nature of each of these mistakes.

ANSWER:
Rectification of Errors - (Part - 2) Commerce Notes | EduRev
Page No 17.36:

Question 11: Rectify the following errors assuming that there is no Suspense Account:
(i) Salary of ₹ 5,000 paid to Rahul was not posted to Salaries Account.
(ii) Sales to Amrish of ₹ 1,430 posted to his account as ₹ 1,340.
(iii) Sales to Vijay of ₹ 2,470 posted to his account as ₹ 2,740.
(iv) Purchases from Pal of ₹ 1,430 posted to his account as ₹ 1,340.

ANSWER:

(i) Salary of Rs.5, 000 paid to Rahul was not posted to Salary A/c
Rectification of Errors - (Part - 2) Commerce Notes | EduRev
(ii) Sales to Amrish of Rs 1,430 posted to his account as Rs 1,340
Rectification of Errors - (Part - 2) Commerce Notes | EduRev
(iii) Sales to Vijay of Rs 2,470 posted to his account as Rs 2,740
Rectification of Errors - (Part - 2) Commerce Notes | EduRev
(iv) Purchases from Pal of Rs1,430 posted to his account as Rs 1,340
Rectification of Errors - (Part - 2) Commerce Notes | EduRev

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