Double Entry Book Keeping
T S Grewal 2024
Class 11Accountancy
Chapter 18 - Rectification Of Errors
Question 1:
How will be the following errors rectified?
(i) Purchases Book is overcasted
by `10,000.
(ii) Purchases Return Book is overcasted by `10,000.
(iii) Purchases Return Book’s balance is carried forward in excess by `2,000.
(iv) Purchases Book’s balance is carried forward in
excess by `5,000.
Answer:
Dr.
|
Purchases A/c
|
Cr.
|
|
Particulars
|
`
|
Particulars
|
`
|
|
|
|
By overcasting of Purchase book for the month
of …….
|
10,000
|
Dr.
|
Purchases Return A/c
|
Cr.
|
|
Particulars
|
`
|
Particulars
|
`
|
To overcasting of Purchase
Return book for the month of …….
|
10,000
|
|
|
Dr.
|
Purchases Return A/c
|
Cr.
|
|
Particulars
|
`
|
Particulars
|
`
|
To excess forwarding of Purchase Return book for the month of …….
|
2,000
|
|
|
Dr.
|
Purchases A/c
|
Cr.
|
|
Particulars
|
`
|
Particulars
|
`
|
|
|
|
By excess forwarding of
Purchase book for the month of …….
|
5,000
|
Question 2:
How will be the following errors rectified?
(i) Sales Book is short casted by `20,000.
(ii) Sales Return Book is short casted by `2,000.
(iii) Balance of Sales Book is carried forward short by `2,000.
(iv) Balance of Sales Return Book is carried forward short by `500.
Answer:
Dr.
|
Sales A/c
|
Cr.
|
|
Particulars
|
`
|
Particulars
|
`
|
|
|
|
By short casting of Sales book for the month of …….
|
10,000
|
Dr.
|
Sales Return A/c
|
Cr.
|
|
Particulars
|
`
|
Particulars
|
`
|
By short casting of Sales book for the month of …….
|
2,000
|
|
|
Dr.
|
Sales A/c
|
Cr.
|
|
Particulars
|
`
|
Particulars
|
`
|
|
|
|
By short carried
forward of Sales book for the month of …….
|
2,000
|
Dr.
|
Sales Return A/c
|
Cr.
|
|
Particulars
|
`
|
Particulars
|
`
|
To short carried
forward of Sales Return book for the month of …….
|
500
|
|
|
Question 3:
How will you rectify the following errors?
(i) Sales Book is overcasted
by `15,000.
(ii) Sales Return Book is short casted by `3,500.
(iii) Balance of Sales Book is carried forward in excess by `2,000.
(iv) Balance of Sales Return Book is carried forward in excess by `500.
Answer:
Dr.
|
Sales A/c
|
Cr.
|
|
Particulars
|
`
|
Particulars
|
`
|
To overcasting of Sales book
for the month of …….
|
15,000
|
|
|
Dr.
|
Sales Return A/c
|
Cr.
|
|
Particulars
|
`
|
Particulars
|
`
|
To short casting of Sales Return book for the month of …….
|
3,500
|
|
|
Dr.
|
Sales A/c
|
Cr.
|
|
Particulars
|
`
|
Particulars
|
`
|
To excess carried forward of Sales book for the month of …….
|
2,000
|
|
|
Dr.
|
Sales Return A/c
|
Cr.
|
|
Particulars
|
`
|
Particulars
|
`
|
|
|
|
By excess carried forward of Sales Return book for the month of …….
|
500
|
Question 4:
Pass the necessary Journal
entries to rectify the following errors:
(i) Credit sale of `5,700
to Mohan was recorded as `7,500.
(ii) Credit sale of `8,500
to Sohan was recorded as sale to Mohan.
(iii) Credit sale of `8,500
to Meenu was recorded as sale to Meena
as `5,800.
(iv) Credit sale of `8,500
to Ram was recorded in the Purchases Book.
(v) Credit sale of old machinery to Sohan for `1,700 was entered in
the Sales Book as `7,100.
Answer:
|
Journal |
|||||
|
Date |
Particulars |
|
L.F. |
Debit |
Credit |
|
i) |
Sales
A/c |
Dr. |
|
1,800 |
|
|
|
To Mohan’s A/c |
|
|
|
1,800 |
|
|
(Being
correcting goods sold on credit to Mohan recorded at wrong amount) |
|
|
|
|
|
|
|
|
|
|
|
|
ii) |
Sohan’s A/c |
Dr. |
|
8,500 |
|
|
|
To Mohan’s A/c |
|
|
|
8,500 |
|
|
(Being
correcting credit sale to Sohan recorded as sale to
Mohan) |
|
|
|
|
|
|
|
|
|
|
|
|
iii) |
Meenu’s A/c |
Dr. |
|
8,500 |
|
|
|
To Sales A/c |
|
|
|
2,700 |
|
|
To Meena’s A/c |
|
|
|
5,800 |
|
|
(Being
correcting credit sale to Meenu recorded to Meena at wrong amount) |
|
|
|
|
|
|
|
|
|
|
|
|
iv) |
Ram’s
A/c |
Dr. |
|
17,000 |
|
|
|
To Sales A/c |
|
|
|
8,500 |
|
|
To Purchases A/c |
|
|
|
8,500 |
|
|
(Being
correcting credit sales to Ram wrongly recorded in the purchases book) |
|
|
|
|
|
|
|
|
|
|
|
|
v) |
Sales
A/c |
Dr. |
|
71,000 |
|
|
|
To Machinery A/c |
|
|
|
17,000 |
|
|
To Soahn’s A/c |
|
|
|
54,000 |
|
|
(Being
correcting credit sale of machinery to Sohan
wrongly recorded in sales book) |
|
|
|
|
Click below for more Questions
Ts Grewal Solution 2024-2025
Class 11th