Question 28 Chapter 10 – Unimax Publications of Class 11

Question 28 Chapter 10 – Unimax Publications of Class 11

28. Draft journal for rectifying the errors. Also prepare the suspense A/c.
(a) A purchases of 196, posted to the debit of suppliers A/c Mr. Gopal.
(b) Sales of an machinery ₹ 8,000 to proprietor was recorded in the sales book.
(c) Total of purchases book was overcast by ₹ 4,300. Rectify the above mentkoned errors.

The solution of Question 28 Chapter 10 – Unimax Publications of Class 11

 Journal

Date	Particulars		L.F.	Debit	Credit
a.	Suspense A/c	Dr.		396
	To Mr. Gopal A/c				396
	(Being purchases from Mr. Gopal debited to Mr. Gopal’s a/c, now rectified)
b.	Sales A/c	Dr.		8,000
	To Machinery A/c				8,000
	(Being machinery sale to owner wrongly posted to sales book, now rectified)
c.	Suspense A/c	Dr.		4,300
	To Purchases A/c				4,300
	(Being total purchases book overcast, now rectified)