Question 13 Chapter 10 – Unimax Publications of Class 11

Question 13 Chapter 10 – Unimax Publications of Class 11

How will you rectify the following errors:

(a) An amount of ₹ 500 withdrawn by the proprietor for his personal use has been debited to trade expenses account.
(b) ₹ 100 received from Mohan has been credited Sohan.
(c) A credit sales of ₹ 150 to Sita has been wrongly passed through the purchases book.
(d) An amount of ₹ 50 paid for wages is posted twice to the debit of wages account.
(e) Periodical total of the sales book was cast short by ₹ 100.
(f) An item of ₹ 75 paid on the purchases of office furniture has been debited to purchases account.

The solution of Question 13 Chapter 10 – Unimax Publications of Class 11

Journal

Date	Particulars			L.F.	Debit	Credit
a.	Drawing A/c	Dr.			500
	To Trade expenses A/c					500
	(Being goods withdrawn by proprietor debited to trade expenses a/c, now rectified)
b.	Sohan’s A/c	Dr.			100
	To Mohan’s A/c					100
	(Being cash received from Mohan credited to Sohan a/c, now rectified)
c.	Sita’s A/c	Dr.			300
	To Purchases A/c					150
	To Sales A/c					150
	(Being credit sales to Sita passed through purchases book now rectified)
d.	Suspense A/c	Dr.			50
	To Wages A/c					50
	(Being wages paid wrongly debited twice, now rectified)
e.	Suspense A/c	Dr.			100
	To Sales A/c					100
	(Being total of sales book cash short, now rectified)
f.	Furniture A/c		Dr.		75
	To Purchases A/c					750
	(Being purchases of office furniture debited to purchases account , now rectified)