Question
13:
Which of the following errors will affect the Trial Balance?
(i) The total of the Sales Book has not been posted
to the Sales Account.
(ii) `1,000
paid as installation charges of a new machine has been debited to Repairs
Account.
(iii) Goods costing `4,000
taken by the proprietor for personal use have been debited to Debtors’ Account.
(iv) `1,000
paid for repairs to building have been debited to Building Account.
Answer:
'Total
of Sales book has not been posted to Sales Account' will affect the Trial
Balance because due to this Sales Account undercasts,
which results in undercasting of credit side of Trial
Balance.
Hence, the correct answer is option (i).
Question 14:
Rectify the following errors assuming that there is no Suspense Account:
(i) The Returns Inward Book has been overcasted by `200.
(ii) Purchases Book carried forward `75
less.
(iii) Sales Book carried forward `41
less on Page 10 and `43
more on Page 12.
(iv) Goods sold to Gautam
were posted as `215
instead of `251.
Answer:
(i)
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Return Inwards Book |
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Dr. |
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Cr. |
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Date |
Particulars |
L.F. |
(`) |
Date |
Particulars |
L.F. |
(`) |
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Over Casting of Return Inwards Book |
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200 |
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(ii)
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Purchases Account |
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Dr.. |
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Cr. |
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Date |
Particulars |
L.F. |
(`) |
Date |
Particulars |
L.F. |
(`) |
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Carry forwarding of Purchases Book Less |
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75 |
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(iii)
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Sales Account |
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Dr. |
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Cr. |
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Date |
Particulars |
L.F. |
(`) |
Date |
Particulars |
L.F. |
(`) |
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Net Carry forwarding of Sales Book excess |
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2 |
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(iv)
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Sales Account |
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Dr. |
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Cr. |
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Date |
Particulars |
L.F. |
(`) |
Date |
Particulars |
L.F. |
(`) |
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Difference in the amount posted |
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36 |
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Gautam Account |
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Dr. |
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Cr. |
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Date |
Particulars |
L.F. |
(`) |
Date |
Particulars |
L.F. |
(`) |
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Difference in the amount posted |
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36 |
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Question 15:
Pass Journal entries to rectify the following errors which were located after preparing theTrial Balance:
(i) The Sales Book was overcast by `500.
(ii) Credit purchases from Aradhya`6,000 were posted to the debit of her account of `9,000.
(iii) Goods returned from Ayan`8,000 were recorded in Purchases Return Book.
(iv) Wages paid `3,980 were recorded in the Cash Book as `3,890. (Delhi)
Answer:
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Journal |
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Date |
Particulars |
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L.F. |
Debit (`) |
Credit (`) |
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(i) |
Sales A/c |
Dr. |
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500 |
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To Suspense A/c |
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500 |
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(Being The Sales Book was overcasted) |
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(ii) |
Suspense A/c |
Dr. |
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15,000 |
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To Aradhya |
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15,000 |
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(Being Credit purchases
from Aradhya`6,000 were posted to the debit of her account of `9,000, Now rectified) |
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(iii) |
Sales return A/c |
Dr. |
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8,000 |
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Purchases return A/c |
Dr. |
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8,000 |
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To Anay |
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16,000 |
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(Being Goods returned from Ayanwere recorded in Purchases Return Book, Now
rectified) |
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(iv) |
Suspense A/c |
Dr. |
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90 |
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To Cash A/c |
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90 |
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(Being Wages paid `3,980 were recorded in the Cash Book as `3,890, Now rectified) |
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Question 16:
Following errors are discovered in the books of Sh. Ram Lal.
Make the necessary entries to rectify them:
(i) Purchases Journal was undercasted
by `6,150.
(ii) `500
received from K. Krishna was debited to his account.
(iii) An amount of `3,000
withdrawn by the proprietor of the firm for his personal use was posted to the
Travelling Expenses Account.
(iv) An amount of `175
for a credit sale to R. Gopalan correctly
entered in the Sales Book, has been debited to his account as `157.
Answer:
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Journal |
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Date |
Particulars |
L.F. |
Debit Rs |
Credit Rs |
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Purchases A/c |
Dr. |
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6,150 |
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To Suspense A/c |
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6,150 |
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(Purchases Book was under cast now rectified) |
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Suspense A/c |
Dr. |
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1,000 |
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To K. Krishna |
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1,000 |
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(Received from K. Krishna was wrongly debited, now rectified ) |
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Drawings A/c |
Dr. |
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3,000 |
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To Travelling Expense A/c |
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3,000 |
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(Amount withdrawn by proprietor for personal use wrongly posted to |
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Travelling Expenses Account, now rectified) |
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R.Gopalan |
Dr. |
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18 |
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To Suspense A/c |
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18 |
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(R. Gopalan’s Account was debited by Rs 157 instead of Rs 175, now rectified |
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Ts Grewal Solution 2024-2025
Class 11th