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NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce PDF Download

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Question 10 : Rectify the following errors :
(a) Credit sales to Mohan Rs 7,000 were posted to Karan.
(b) Credit purchases from Rohan Rs 9,000 were posted to Gobind.
(c) Goods returned to Rakesh Rs 4,000 were posted to Naresh.
(d) Goods returned from Mahesh Rs 1,000 were posted to Manish.
(e) Cash sales Rs 2,000 were posted to commission account.

Answer :

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

Question 11 :
 Rectify the following errors assuming that a suspense account was opened.
 Ascertain the difference in trial balance.
 (a) Credit sales to Mohan Rs 7,000 were posted to the credit of his account.
 (b) Credit purchases from Rohan Rs 9,000 were posted to the debit of his account as Rs 6,000.
 (c) Goods returned to Rakesh Rs 4,000 were posted to the credit of his account.
 (d) Goods returned from Mahesh Rs 1,000 were posted to the debit of his account as Rs 2,000.
 (e) Cash sales Rs 2,000 were posted to the debit of sales account as Rs 5,000.

Answer :
NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce
NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

Question 12 :  Rectify the following errors assuming that a suspense account was opened. Ascertain the difference in trial balance.
(a) Credit sales to Mohan Rs 7,000 were posted to Karan as Rs 5,000.
(b) Credit purchases from Rohan Rs 9,000 were posted to the debit of Gobind as Rs 10,000.
(c) Goods returned to Rakesh Rs 4,000 were posted to the credit of Naresh as Rs 3,000.
(d) Goods returned from Mahesh Rs 1,000 were posted to the debit of Manish as Rs 2,000.
(e) Cash sales Rs 2,000 were posted to commission account as Rs 200.
Answer :

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

Question 13 : Rectify the following errors assuming that suspense account was opened. Ascertain the difference in trial balance.
(a) Credit sales to Mohan Rs 7,000 were recorded in Purchase Book. However, Mohan's account was correctly
(b) Credit purchases from Rohan Rs 9,000 were recorded in sales book. However, Rohan's account was correctl
(c) Goods returned to Rakesh Rs 4,000 were recorded in sales return book. However, Rakesh's account was cor
(d) Goods returned from Mahesh Rs 1,000 were recorded through purchases return book. However, Mahesh's correctly credited.
(e) Goods returned to Naresh Rs 2,000 were recorded through purchases book. However, Naresh's account was correctly debited. 
Answer :

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

Question 14 : Rectify the following errors:
(a) Furniture purchased for Rs 10,000 wrongly debited to purchases account.(b) Machinery purchased on credit from Raman for Rs 20,000 was recorded through purchases book.
(c) Repairs on machinery Rs 1,400 debited to machinery account.
(d) Repairs on overhauling of secondhand machinery purchased Rs 2,000 was debited to Repairs account.
(e) Sale of old machinery at book value of Rs 3,000 was credited to sales account.
Answer :

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

Question 15 :  Rectify the following errors assuming that suspension account was opened. Ascertain the difference in trial balance.
(a) Furniture purchased for Rs 10,000 wrongly debited to purchase account as Rs 4,000.
(b) Machinery purchased on credit from Raman for Rs 20,000 recorded through Purchases Book as Rs 6,000.
(c) Repairs on machinery Rs 1,400 debited to Machinery account as Rs 2,400.(d) Repairs on overhauling of second hand machinery purchased Rs 2,000 was debited to Repairs account as Rs 200
(e) Sale of old machinery at book value Rs 3,000 was credited to sales account as Rs 5,000.
Answer :

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce
NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce
NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

Question 16 : Rectify the following errors:
(a) Depreciation provided on machinery Rs 4,000 was not posted.
(b) Bad debts written off Rs 5,000 were not posted.
(c) Discount allowed to a debtor Rs 100 on receiving cash from him was not posted.
(d) Discount allowed to a debtor Rs 100 on receiving cash from him was not posted to discount account.
(e) Bill receivable for Rs 2,000 received from a debtor was not posted.
Answer :

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

Question 17 : Rectify the following errors:
(a) Depreciation provided on machinery Rs 4,000 was posted as Rs 400.
(b) Bad debts written off Rs 5,000 were posted as Rs 6,000.
(c) Discount allowed to a debtor Rs 100 on receiving cash from him was posted as Rs 60.
(d) Goods withdrawn by proprietor for personal use Rs 800 were posted as Rs 300.
(e) Bill receivable for Rs 2,000 received from a debtor was posted as Rs 3,000.
Answer :
NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

Question 18 : Rectify the following errors assuming that suspense account was opened. Ascertain the difference in trial balance.
(a) Depreciation provided on machinery Rs 4,000 was not posted to Depreciation account.
(b) Bad debts written-off Rs 5,000 were not posted to Debtors account.
(c) Discount allowed to a debtor Rs 100 on receiving cash from him was not posted to discount allowed account.
(d) Goods withdrawn by proprietor for personal use Rs 800 were not posted to Drawings account.
(e) Bill receivable for Rs 2,000 received from a debtor was not posted to Bills receivable account.
Answer :

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce


NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce

The document NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors | Accountancy Class 11 - Commerce is a part of the Commerce Course Accountancy Class 11.
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FAQs on NCERT Solution (Part - 3) - Trial Balance and Rectification of Errors - Accountancy Class 11 - Commerce

1. What is the purpose of a trial balance in accounting?
Ans. A trial balance is a statement that lists all the ledger account balances at a particular point in time. Its purpose is to ensure that the total debits equal the total credits in the general ledger, thus verifying the accuracy of the recording and posting of transactions. It helps in detecting any errors or omissions in the accounting process.
2. How do you prepare a trial balance?
Ans. To prepare a trial balance, one needs to follow these steps: 1. List all the ledger accounts and their balances. 2. Classify the accounts into debit and credit columns. 3. Add up the total debits and total credits. 4. Compare the totals to check if they are equal. 5. If the totals match, the trial balance is considered balanced. If not, there might be errors that need to be rectified.
3. What are the types of errors that can occur in a trial balance?
Ans. There are three types of errors that can occur in a trial balance: 1. Errors of omission: When a transaction is completely left out from the books of accounts. 2. Errors of commission: When a transaction is recorded but with incorrect amounts or in the wrong accounts. 3. Errors of principle: When a transaction is recorded in violation of accounting principles, such as recording personal expenses as business expenses.
4. How can errors in a trial balance be rectified?
Ans. Errors in a trial balance can be rectified through a process called rectification. The steps involved are: 1. Identify the type of error (omission, commission, or principle). 2. Analyze the impact of the error on the trial balance. 3. Make the necessary adjustments to correct the error, such as journal entries or posting corrections. 4. Recalculate the trial balance to ensure it is balanced after rectification.
5. What is the significance of a balanced trial balance?
Ans. A balanced trial balance is significant because it indicates that the total debits and total credits in the general ledger are equal. This implies that the accounting records are accurate and the chances of errors are minimal. A balanced trial balance serves as a foundation for the preparation of financial statements and aids in the overall financial analysis and decision-making process.
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