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11th | Rectification of Errors | Question No. 25 To 28 | Ts Grewal Solution 2022-2023

Question 25:


Give rectifying entries for the following:
(i)
` 5,400 received from . A was posted to the debit of his account.
(ii) The total of Sales Return Book overcasted by
` 800.
(iii)
` 2,740 paid for repairs to motor car was debited to Motor Car Account as ` 1,740.
(iv) Returned goods to Shyam
` 1,500 were passed through Returns Inward Book.

Answer:


Journal

Date

Particulars

L.F.

Debit

Rs

Credit

Rs

(i)

Suspense A/c

Dr.

 

10,800

 

 

To Mr.A

 

 

10,800

 

(Received Rs 5,400 from Mr A was wrongly debited to his Account, now rectified)

 

 

 

 

 

 

 

 

(ii)

Suspense A/c

Dr.

 

800

 

 

To Sales Return A/c

 

 

800

 

(Sales Return Book was overcast, now rectified)

 

 

 

 

 

 

 

 

(iii)

Repair A/c

Dr.

 

2,740

 

 

To Motor Car A/c

 

 

1,740

 

To Suspense A/c

 

 

1,000

 

(Repairs of Motor Cars Rs 2,740 was wrongly debited to Motor Car Account as Rs 1,740, now rectified)

 

 

 

 

 

 

 

 

(iv)

Shyam

Dr.

 

3,000

 

 

To Return Inwards A/c

 

 

1,500

 

To Return Outwards A/c

 

 

1,500

 

(Return Outward to Shyam was wrongly recorded in the Return Inwards Book, now rectified)

 

 

 

 

 

 

 

 

 

Question 26:


Pass Journal entries rectifying the following errors:
(i) A cheque for
` 10,000 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)
` 2,000 paid as wages for machinery installation was debited to Wages Account.
(iii)
` 5,000 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
` 100 against the bill amount of ` 1,000.

Answer:


Journal

Date

Particulars

L.F.

Debit

Amount

Rs

Credit

Amount

Rs

(i)

Discount Received A/c

Dr.

 

200

 

 

To Discount Allowed A/c

 

 

200

 

(On dishonour of Ranjan’s cheque, instead of crediting Discount Allowed Account, Discount Received Account was wrongly credited, now rectified)

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii)

Machinery A/c

Dr.

 

2,000

 

 

To Wages A/c

 

 

2,000

 

(Wages paid for Installation of Machinery was debited wrongly to Wages Account, now rectified)

 

 

 

 

 

 

 

 

(iii)

Rakesh A/c

Dr.

 

5,000

 

 

To Bad Debt Recovered A/c

 

 

5,000

 

(Cash received from Rakesh was Credited wrongly to Rakesh’s Account was previously written

 

 

 

 

off as Bad Debt, now rectified)

 

 

 

 

 

 

 

 

(iv)

Since error is made at time of recording so correct entry would be

 

 

 

 

Repair A/c

Dr.

 

900

 

 

To Cash A/c

 

 

900

 

(Repair bill Rs 1,000 was recorded as Rs 100, now rectified)

 

 

 

 

 

 

 

 

 

 

Question 27:


Rectifying the following errors:
(i) Sales Book has been totalled
` 1,000 short.
(ii) Goods worth
` 1,500 returned by Green & Co. have not been recorded anywhere.
(iii) Goods purchased worth
` 2,500 have been posted to the debit of the supplier, Gupta & Co.
(iv) Furniture purchased from Gulab & Co. worth
` 10,000 has been entered in Purchases Book.
(v) Cash received from A
` 2,500 has not been posted in his account.

Answer:


Journal

Date

Particulars

L.F.

Debit

Rs

Credit

Rs

(i)

Suspense A/c

Dr.

 

1,000

 

 

To Sales A/c

 

 

1,000

 

(Sales Book was undercast, now rectified)

 

 

 

 

 

 

 

 

(ii)

Sales Return A/c

Dr.

 

1,500

 

 

To Green & Co

 

 

1,500

 

(Goods returned by Green & Co was not recorded, now recorded)

 

 

 

 

 

 

 

 

(iii)

Suspense A/c

Dr.

 

5,000

 

 

To Gupta & Co

 

 

5,000

 

(Goods purchased of Rs 2,500 from Gupta & Co was wrongly debited to his account, now rectified)

 

 

 

 

 

 

 

 

(iv)

Furniture A/c

Dr.

 

10,000

 

 

To Purchases A/c

 

 

10,000

 

(Purchase of goods Rs 10,000 was debited wrongly to Purchases Book, now rectified)

 

 

 

 

 

 

 

 

(v)

Suspense A/c

Dr.

 

2,500

 

 

To A

 

 

2,500

 

(Cash received from A was not posted to his account, now rectified)

 

 

 

 

 

 

 

 

 

Question 28:


Pass Journal entries to rectify the errors in the following cases:
(i) A purchase of goods from David amounting to
` 150 has been wrongly passed through the Sales Book.
(ii) A credit sale of goods of
` 120 to Peter has been wrongly passed through the Purchases Book.
(iii)
` 200, salary paid to Cashier, Bimal, stands wrongly debited to his Personal Account.
(iv) A credit sale of
` 4,230 to Krishan entered as purchase from Kishan ` 4,320.
(v) Ramesh's Account was credited with
` 840 twice instead of once.

Answer:


Journal

Date

Particulars

L.F.

Debit

 (`)

Credit

 (`)

(i)

Purchases A/c

Dr.

 

150

 

 

Sales A/c

Dr.

 

150

 

 

To David

 

 

300

 

(Purchase of Goods from David was wrongly passed through Sales Book, now rectified)

 

 

 

 

 

 

 

 

(ii)

Peter

Dr.

 

240

 

 

To Sales A/c

 

 

120

 

To Purchases A/c

 

 

120

 

(Sale of goods to Peter was wrongly passed through Purchases Book, now rectified)

 

 

 

 

 

 

 

 

(iii)

Salaries A/c

Dr.

 

200

 

 

To Bimal

 

 

200

 

(Salary paid to Bimal was passed wrongly to his account, now rectified)

 

 

 

 

 

 

 

 

(iv)

Krishan
Kishan

Dr.
Dr.

 

4,230
4,320

 

 

To Sales A/c
To Purchases A/c

 

 

4,230
4,320

 

(Sales to Krishan recorded wrongly as purchases from Kishan with a wrong amount, now rectified)

 

 

 

 

 

 

 

 

(v)

Ramesh

Dr.

 

840

 

 

To Suspense A/c

 

 

840

 

(Amount twice Credit to Ramesh’s Account, now rectified)

 

 

 

 

 

 

 

 

 

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Ts Grewal Solution 2022-2023

Class 11th

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