Question 19 Chapter 10 – Unimax Publications of Class 11

Question 19 Chapter 10 – Unimax Publications of Class 11

There was a difference of ₹ 720 in trial balance which has been transferred to credit side of suspense account. Pass rectifying entries and prepare suspense account to rectify the following errors.
(1) An amount of ₹ 375 posed in the debit side of commission account instead of ₹ 275.
(2) Credit amount of ₹ 260 posted to debit of personal account as ₹ 360.
(3) Goods sold to Surinder recorded in purchases book ₹ 300.
(4) D’s bill for erections of godown at a cost of ₹ 1,200 has been charged to Repair account.

The solution of Question 19 Chapter 10 – Unimax Publications of Class 11

	Journal
Date	Particulars		L.F.	Debit	Credit
1	Suspense A/c	Dr.		100
	To Commission A/c				100
	(Being ₹ 375 posted to debit of commission a/c instead of ₹ 275, now rectified)
2	Suspense A/c	Dr.		620
	To personal A/c				620
	(Being credit amount posted to debit of personal a/c, now rectified)
3	Surinder’s A/c	Dr.		600
	To Sales A/c				300
	To Purchases A/c				300
	(Being goods sold to Surinder posted to purchases book)
4	Building A/c	Dr.		1,200
	To Repairs A/c				1,200
	(Being erection of godown charged to repair a/c, now rectified)

Dr.	Suspense A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
	To Commission A/c		100		By Balance b/d		720
	To personal A/c		620
			720				720