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11th | Rectification of Errors | Question No. 21 To 24 | Ts Grewal Solution 2022-2023

Question 21:


Give the rectifying entries of the following:
(i) Sales of
` 20,000 to Manoj were recorded as ` 2,000 in the Sales Book.
(ii) An amount of
` 25,000 spent for the extension of machinery has been debited to the Wages Account.
(iii) Discount received from Ram & Co.
` 350, has not been entered in the discount column of the Cash Book.
(iv) Goods of
` 3,000 sold to Mahesh were recorded in the Purchases Book.

Answer:


Journal

Date

Particulars

L.F.

Debit

Rs

Credit

Rs

(i)

Monoj

Dr.

 

18,000

 

 

To Sales A/c

 

 

18,000

 

(Sales Rs 20,000 was recorded wrongly as Rs 2,000, now rectified)

 

 

 

 

 

 

 

 

(ii)

Machinery A/c

Dr.

 

25,000

 

 

To Wages A/c

 

 

25,000

 

(Amount spent on Installation of machinery was debited wrongly to Wages Account, now rectified)

 

 

 

 

 

 

 

 

(iii)

Ram & Co. A/c

Dr.

 

4,750

 

 

To Discount Received A/c

 

 

4,750

 

(Discount received from Ram & Co. not been entered in Cash Book, now rectified)

 

 

 

 

 

 

 

 

(iv)

Mahesh

Dr.

 

6,000

 

 

To Sales A/c

 

 

3,000

 

To Purchases A/c

 

 

3,000

 

(Goods sold to Mahesh was recorded wrongly in Purchases Book now rectified)

 

 

 

 

 

 

 

 

 

 

Question 22:


Mukesh found that the Trial Balance did not agree. He found the following errors:
(i) In the Sales Book for the month of January, total of Page No. 3 was carried forward to Page No. 4 as
` 1,000 instead of ` 1,200 and total of Page No. 7 was carried forward to Page No. 8 as ` 5,600 instead of ` 5,000.
(ii) Goods returned to Anshuka
` 10,000 were recorded in the Sales Book.
(iii) Bill Receivable for
` 800 from Riya was dishonoured and posted to the debit of Allowances Account.

Answer:


Journal Entries

Date

Particulars

L.F.

Debit

 (Rs)

Credit

 (Rs)

 

 

 

 

 

 

(i)

Suspense A/c

Dr.

 

200

 

 

   To Sales A/c

 

 

 

200

 

(Sales book balance wrongly carried forward by less amount, now rectified)

 

 

 

 

 

  

 

 

 

 

 

Sales A/c

Dr.

 

600

 

 

    To Suspense A/c

 

 

 

600

 

(Sales book balance wrongly carried forward by more amount, now rectified)

 

 

 

 

 

  

 

 

 

 

(ii)

Sales A/c

Dr.

 

10,000

 

 

   To Purchase Returns A/c

 

 

 

10,000

 

(Goods returned wrongly recorded in sales book, now rectified)

 

 

 

 

 

 

 

 

 

 

(iii)

Riya A/c

Dr.

 

800

 

 

    To Allowances A/c

 

 

 

800

 

(Bill dishonoured wrongly posted to the debit of Allowances A/c, now rectified)

 

 

 

 

 

 

 

 

 

 

Question 23:


Pass the rectifying entries for the following
(i) Sales of goods
` 6,000 to Madan were recorded as ` 600 in the Sales Book.
(ii) Credit purchase of goods from Mohan amounting to
` 2,000 has been wrongly passed through the Sales Book.
(iii) Return of goods worth
` 500 by a customer was entered in ‘Purchases Return Book’.
(iv) Cheque of
` 400 received from Ranjan was dishonoured and debited to the Discount Account.
(v) Bill for
` 820 received from Ramesh for repair of machinery was entered in the Purchases Book as ` 720.

Answer:


Journal

Date

Particulars

L.F.

Debit

Rs

Credit

Rs

(i)

Madan

Dr.

 

5,400

 

 

To Sales A/c

 

 

5,400

 

(Sale of Goods to Madan Rs 6,000 was wrongly recorded as Rs 600)

 

 

 

 

 

 

 

 

(ii)

Sales A/c

Dr.

 

2,000

 

 

Purchases A/c

Dr.

 

2,000

 

 

To Mohan

 

 

4,000

 

(Purchases of goods from Mohan was wrongly recorded in the Sales Book, now rectified)

 

 

 

 

 

 

 

 

(iii)

Sales Return A/c

Dr.

 

500

 

 

Purchases Return A/c

Dr.

 

500

 

 

To Customer A/c

 

 

1,000

 

(Sales Return was entered wrongly in Purchases Return Book, now rectified)

 

 

 

 

 

 

 

 

(iv)

Rajan

Dr.

 

400

 

 

To Discount A/c

 

 

400

 

(Discount Account was debited wrongly on dishonour of Rajan’s Cheque, now rectified)

 

 

 

 

 

 

 

 

(v)

Repair A/c

Dr.

 

820

 

 

To Purchases A/c

 

 

720

 

To Ramesh A/c

 

 

100

 

(Repair of Machinery Rs 820 was recorded wrongly to Purchases Book now rectified)

 

 

 

 

 

 

 

 

 

Question 24:


Give rectifying Journal entries for the following errors:
(i) Sales of goods to Madan
` 6,000 were entered in the Sales Book as ` 600.
(ii) Credit purchase of
` 1,500 from Ajay has been wrongly passed through the Sales Book.
(iii) Repairs to building
` 300 were debited to Building Account.
(iv)
` 2,050 paid to Rohit is posted to the debit of Mohit’s Account as ` 5,020.
(v) Purchases Return Book is overcasted by
` 400.

Answer:


Journal

Date

Particular

L.F.

Debit

Rs

Credit

Rs

(i)

Madan

Dr.

 

5,400

 

 

To Sales A/c

 

 

5,400

 

(Sale of Goods Rs 6,000 to Madan was wrongly recorded as Rs 600)

 

 

 

 

 

 

 

 

(ii)

Purchases A/c

Dr.

 

1,500

 

 

Sales A/c

Dr.

 

1,500

 

 

To Ajay

 

 

3,000

 

(Purchase of Goods from Ajay was wrongly passed through Sales Book)

 

 

 

 

 

 

 

 

(iii)

Repair A/c

Dr.

 

300

 

 

To Building A/c

 

 

300

 

(Repair of Building Rs 300 was wrongly debited to Building Account,now rectified)

 

 

 

 

 

 

 

 

(iv)

Rohit

Dr.

 

2,050

 

 

Suspense A/c

Dr.

 

2,970

 

 

To Mohit

 

 

5,020

 

(Payment to Rohit Rs 2,050 was wrongly debited Mohit’s Account as Rs 5,020, now rectified)

 

 

 

 

 

 

 

 

(v)

Purchases Return A/c

Dr.

 

400

 

 

To Suspense A/c

 

 

400

 

(Purchase Return Book was overcast now rectified)

 

 

 

 

 

 

 

 

 

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Ts Grewal Solution 2022-2023

Class 11th

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