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11th | Rectification of Errors | Question No. 5 To 8 | Ts Grewal Solution 2022-2023

Question 5:


Pass the necessary Journal entries to rectify the following errors:
(i) Credit sale of
` 7,500 to Kishan was posted to Krishan's Account.
(ii) Cash sale of
` 7,000 to Meenu was posted to the credit of Meena.
(iii) Amount of
` 1,500 withdrawn from bank by the proprietor for his personal use was debited to Purchases Account.
(iv) Credit sale of old furniture to Mohan for
` 1,700 was posted as ` 7,100.
(v) Credit sale of old furniture to Babu Ram for
` 3,000 was credited to Sales Account.
(vi) Cheque of
` 1,280 received from Farid was dishonoured and has been posted to the debit of Sales Return Account.

Answer:


Journal

Date

Particulars

 

L.F.

Debit
Amount
(
`)

Credit
Amount
(
`)

i)

Kishan’s A/c

Dr.

 

7,500

 

 

  To Krishan’s A/c

 

 

 

7,500

 

(Being correcting credit sales to Kishan wrongly posted to Krishan’s Account)

 

 

 

 

 

 

 

 

 

 

ii)

Meena’s A/c

Dr.

 

7,000

 

 

  To Sales A/c

 

 

 

7,000

 

(Being correcting cash sales to Meenu wrongly posted to credit of Meena’s A/c)

 

 

 

 

 

 

 

 

 

 

iii)

Drawings A/c

Dr.

 

1,500

 

 

  To Purchases A/c

 

 

 

1,500

 

(Being correcting amount withdrawn for personal use debited to Purchases A/c)

 

 

 

 

 

 

 

 

 

 

iv)

Furniture A/c

Dr.

 

5,400

 

 

  To Mohan’s A/c

 

 

 

5,400

 

(Being correcting credit sale of furniture to Mohan posted at a wrong amount)

 

 

 

 

 

 

 

 

 

 

v)

Sales A/c

Dr.

 

3,000

 

 

  To Furniture A/c

 

 

 

3,000

 

(Being correcting credit sale of furniture posted to the credit of sales account)

 

 

 

 

 

 

 

 

 

 

vi)

Farid’s A/c

Dr.

 

1,280

 

 

  To Sales Return A/c

 

 

 

1,280

 

(Being correcting cheque dishonoured wrongly debited to Sales Return A/c)

 

 

 

 

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:


Journal

Date

Particulars

L.F.

Debit

Rs

Credit

Rs

(i)

Vinod

Dr.

 

9

 

 

To Suspense A/c

 

 

9

 

(Rs 9 was posted less in Vinod’s Account, now rectified)

 

 

 

 

 

 

 

 

(ii)

Vinod

Dr.

 

9

 

 

To Suspense A/c

 

 

9

 

(Vinod’s Account was wrongly debited with Rs 9 less, now rectified)

 

 

 

 

 

 

 

 

(iii)

Vinod

Dr.

 

277

 

 

To Suspense A/c

 

 

277

 

(Sales to Vinod of Rs 143 was wrongly credited as Rs 134, now rectified)

 

 

 

 

 

 

 

 

 

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:


Journal

Date

Particulars

 

L.F.

Debit
(
`)

Credit
(
`)

i)

Building A/c

Dr.

 

15,000

 

 

  To Salaries A/c

 

 

 

15,000

 

(Being correcting wages paid for construction of building debited to Salaries A/c)

 

 

 

 

 

 

 

 

 

 

ii)

Building A/c

Dr.

 

20,000

 

 

  To Purchases A/c

 

 

 

20,000

 

(Being correcting purchases of material on construction debited to Purchases A/c)

 

 

 

 

 

 

 

 

 

 

iii)

Building A/c

Dr.

 

50,000

 

 

  To Building Repairs A/c

 

 

 

50,000

 

(Being correcting amount spent on extension of building wrongly debited to Building Repairs A/c)

 

 

 

 

 

 

 

 

 

 

iv)

Building A/c

Dr.

 

25,000

 

 

  To Building Repairs A/c

 

 

 

25,000

 

(Being correcting amount spent on whitewash of new building debited to Building Repairs A/c)

 

 

 

 

 

 

 

 

 

 

v)

Machinery A/c

Dr.

 

1,000

 

 

  To Cartage A/c

 

 

 

1,000

 

(Being correcting installation charges on machinery wrongly debited to Cartage A/c)

 

 

 

 

 

 

 

 

 

 

vi)

Machinery A/c

Dr.

 

10,000

 

 

  To General Expenses A/c

 

 

 

10,000

 

(Being correcting repair charges to a newly paid second hand machinery wrongly debited to General Expenses A/c)

 

 

 

 

 

 

 

 

 

 

vii)

Repairs A/c

Dr.

 

5,000

 

 

  To Machinery A/c

 

 

 

5,000

 

(Being correcting repairs on existing machinery wrongly debited to Machinery A/c)

 

 

 

 

 

 

 

 

 

 

viii)

Printer A/c

Dr.

 

10,000

 

 

  To Office Expenses A/c

 

 

 

10,000

 

(Being correcting amount paid for Printer wrongly debited to Office Expenses A/c)

 

 

 

 

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:


Journal

Date

Particulars

 

L.F.

Debit

(`)

Credit
(
`)

i)

Sales Return A/c

Dr.

 

1,500

 

 

  To Mohan’s A/c

 

 

 

1,500

 

(Being recording goods returned by Mohan not recorded earlier)

 

 

 

 

 

 

 

 

 

 

ii)

Advertisement A/c

Dr.

 

5,000

 

 

  To Purchases A/c

 

 

 

5,000

 

(Being recording goods distributed as free sample not recorded earlier)

 

 

 

 

 

 

 

 

 

 

iii)

Depreciation A/c

Dr.

 

10,000

 

 

  To Machinery A/c

 

 

 

10,000

 

(Being recording depreciation charged on machinery not recorded earlier)

 

 

 

 

 

 

 

 

 

 

iv)

Charity A/c

Dr.

 

780

 

 

  To Purchases A/c

 

 

 

780

 

(Being recording goods given away as charity not recorded earlier)

 

 

 

 

 

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Ts Grewal Solution 2022-2023

Class 11th

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