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(iii) Amount of ` 1,500 withdrawn from bank by the proprietor for his personal use was debited to Purchases Account.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	(Being correcting amount withdrawn for personal use debited to Purchases A/c)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

Chapter 17 – Rectification of Errors

Ts Grewal Solution 2022-2023

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Ts Grewal Solution 2020-2021

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

Question 5:

Answer:

Question 6:

Answer:

Question 7:

Answer:

Question 8:

Answer:

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