Question 9:
Rectify the following errors:
(i)
Anil's Account was excess debited by `500
while Suraj's Account was short debited by `500.
(ii) 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.
(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) |
Suraj’s A/c |
Dr. |
|
500 |
|
|
To Anil’s A/c |
|
|
|
500 |
|
|
(Being
rectifying wrong debit and credit to the accounts) |
|
|
|
|
|
|
ii) |
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) |
|
|
|
|
|
|
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|
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|
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|
iii) |
Manisha’s A/c |
Dr. |
|
700 |
|
|
|
To Parkar’s A/c |
|
|
|
700 |
|
|
(Being
rectifying excess and short credits in the accounts) |
|
|
|
|
|
|
|
|
|
|
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|
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) |
|
|
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|
Question 10:
Following errors affecting the accounts of the year 2023–24 were detected in
the books of Das & Co., Meerut:
(i) Sale of old furniture for `8,000 was treated as sales of goods.
(ii) Rent of proprietor’s residence `6,000
was debited to Rent Account.
(iii) Cash received from
`7,150
was credited to B.
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. |
|
8,000 |
|
|
|
|
|
To Furniture A/c |
|
|
|
8,000 |
|
|
(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 |
|
|
|
|
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|
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|
(iii) |
B’s A/c |
Dr. |
|
7,150 |
|
|
|
|
|
To ’s A/c |
|
|
|
7,150 |
|
|
(Cash received from , credited to
B, now rectified) |
|
|
|
|
|
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|
Nature:
Error of Commission |
|
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Question 11:
Rectify the following errors assuming that there is no Suspense Account:
(i) Salary of `10,000
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 |
10,000 |
|
|
||
|
|
|
|
|
||
|
|
|
|
|
||
(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 |
|
|
||
|
|
|
|
|
||
|
|
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|
||
(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 |
||
|
|
|
|
|
||
|
|
|
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|
||
(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) |
|
|
|
|
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Ts Grewal Solution 2024-2025
Class 11th