Question
9:
Rectify the following errors:
(i) Goods purchased from Kunal
for ` 8,000 and from Kapil of ` 9,000 recorded correctly in the Purchases Book.
However, ` 9,000 was posted to Kunal and ` 8,000 to Kapil.
(ii) Anil's Account was excess debited by ` 500
while Suraj's Account was short debited by ` 500.
(iii) Parkar's Account was short credited by ` 700 while Manisha's Account was excess credited by ` 700.
(iv) Goods sold to Roopak
for ` 1,000 and to Sagar for ` 1,800 recorded correctly in the Sales Book. However, ` 1,800 was posted to Roopak and ` 1,000 to Sagar.
Answer:
|
Journal |
|||||
|
Date |
Particulars |
|
L.F. |
Debit |
Credit |
|
i) |
Kunal’s A/c |
Dr. |
|
1,000 |
|
|
|
To Kapil’s A/c |
|
|
|
1,000 |
|
|
(Being
correcting goods purchased from Kunal and Kapil posted with wrong amounts) |
|
|
|
|
|
|
|
|
|
|
|
|
ii) |
Suraj’s A/c |
Dr. |
|
500 |
|
|
|
To Anil’s A/c |
|
|
|
500 |
|
|
(Being
rectifying wrong debit and credit to the accounts) |
|
|
|
|
|
|
|
|
|
|
|
|
iii) |
Manisha’s
A/c |
Dr. |
|
700 |
|
|
|
To Parkar’s A/c |
|
|
|
700 |
|
|
(Being
rectifying excess and short credits in the accounts) |
|
|
|
|
|
|
|
|
|
|
|
|
iv) |
Roopak’s A/c |
Dr. |
|
800 |
|
|
|
To Sagar’s A/c |
|
|
|
800 |
|
|
(Being
correcting goods sold to Roopak and Sagar posted with wrong amounts) |
|
|
|
|
Question
10:
Following errors affecting the accounts of the year 2020–21
were detected in the books of Das & Co., Meerut:
(i) Sale of old furniture for ` 5,000 was treated as sales of goods.
(ii) Rent of proprietor’s residence ` 6,000 was debited to Rent Account.
(iii) Cash received from Rajesh ` 2,150 was credited to Brajesh.
Pass the rectifying Journal entries. State the nature of each of these
mistakes.
Answer:
|
Journal |
||||||
|
Date |
Particulars |
L.F. |
Debit (`) |
Credit (`) |
||
|
2020-21 |
|
|
|
|
|
|
|
(i) |
Sales A/c |
Dr. |
|
5,000 |
|
|
|
|
|
To Furniture A/c |
|
|
|
5,000 |
|
|
(Sale of old
furniture treated as sale of goods, now rectified) |
|
|
|
|
|
|
|
Nature: Error of Principle |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii) |
Drawings A/c |
Dr. |
|
6,000 |
|
|
|
|
|
To Rent A/c |
|
|
|
6,000 |
|
|
(Rent paid for
proprietor’s residence treated as rent paid, now rectified) |
|
|
|
|
|
|
|
Nature: Error of Principle |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(iii) |
Brajesh’s A/c |
Dr. |
|
2,150 |
|
|
|
|
|
To Rajesh’s A/c |
|
|
|
2,150 |
|
|
(Cash received
from Rajesh, credited to Brajesh, now rectified) |
|
|
|
|
|
|
|
Nature: Error of Commission |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
Question
11:
Rectify the following errors assuming that there is no
Suspense Account:
(i) Salary of ` 5,000
paid to Rahul was not posted to Salaries Account.
(ii) Sales to Amrish of ` 1,430
posted to his account as ` 1,340.
(iii) Sales to Vijay of ` 2,470 posted to his account as `
2,740.
(iv) Purchases from Pal of ` 1,430
posted to his account as ` 1,340.
Answer:
(i) Salary of Rs.5, 000 paid to Rahul was not posted to Salary A/c
|
Salaries Account |
|||||
|
Dr. |
|
Cr. |
|||
|
Particulars |
(Rs) |
Particulars |
(Rs) |
||
|
Cash A/c |
5,000 |
|
|
||
|
|
|
|
|
||
|
|
|
|
|
||
(ii) Sales to Amrish of Rs 1,430 posted to his account as Rs 1,340
|
Amrish’s Account |
|||||
|
Dr. |
|
Cr. |
|||
|
Particulars |
(Rs) |
Particulars |
(Rs) |
||
|
Sales A/c |
90 |
|
|
||
|
|
|
|
|
||
|
|
|
|
|
||
(iii) Sales to Vijay of Rs 2,470 posted to his account as Rs 2,740
|
Vijay’s Account |
|||||
|
Dr. |
|
Cr. |
|||
|
Particulars |
(Rs) |
Particulars |
(Rs) |
||
|
|
|
Sales A/c |
270 |
||
|
|
|
|
|
||
|
|
|
|
|
||
(iv) Purchases from Pal of Rs1,430 posted to his account as Rs 1,340
|
Pal’s Account |
|||||
|
Dr. |
|
Cr. |
|||
|
Particulars |
(Rs) |
Particulars |
(Rs) |
||
|
|
|
Purchases A/c |
90 |
||
|
|
|
|
|
||
|
|
|
|
|
||
Question 12:
Rectify the following errors:
(i) Purchases Book has been undercast by `1,000.
(ii) Credit sale to Anu Prakash ` 7,000 was recorded in Purchases Book.
(iii) Credit sale to Rahul ` 7,000 was recorded as ` 700. (Delhi)
Answer:
|
Journal |
|||||
|
Date |
Particulars |
|
L.F. |
Debit (`) |
Credit (`) |
|
(i) |
Purchases A/c |
Dr. |
|
1,000 |
|
|
|
To Suspense A/c |
|
|
|
1,000 |
|
|
(Being Purchases Book has been undercasted, now rectified) |
|
|
|
|
|
(ii) |
Anu Prakash A/c |
Dr. |
|
14,000 |
|
|
|
To Purchases A/c |
|
|
|
7,000 |
|
|
To Sales A/c |
|
|
|
7,000 |
|
|
(Being Credit sale to Anu Prakash was recorded in Purchases Book, Now rectified) |
|
|
|
|
|
(iii) |
Rahul A/c |
Dr. |
|
6,300 |
|
|
|
To Sales A/c |
|
|
|
6,300 |
|
|
(Being Credit sale to Rahul ` 7,000 was recorded as ` 700, Now rectified) |
|
|
|
|
Click below for more Questions
Ts Grewal Solution 2022-2023
Class 11th
Click on below links for
11th TS Grewal’s Accountancy Solutions