
Question No 05 Chapter No 16
Rectification Before the preparation of the trial balance
05. Rectify the following errors which are detected before preparing the trial balance:
| (a) | Ravi’s account should now be debited with Rs 3,313 |
| (b) | Cash account should now be debited with Rs 2,800 |
| (c) | Harinder’s account should now be debited with Rs 99 (615-516) |
| (d) | Bhagwan’s account should now be credited with Rs 700 (250+450) |
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Also, Check out the solved question of all Chapters: –
Chapter No. 2 - Theory Base of Accounting
Chapter No. 3 - Origin of Transactions
Chapter No. 4 - Vouchers and transactions
Chapter No. 6 - Accounting for Goods and Services Tax(GST)
Chapter No. 9 - Other Subsidiary Books
Chapter No. 10 - Journal Proper
Chapter No. 11 - Trial Balance
Chapter No. 12 - Bank Reconciliation Statement
Chapter No. 14 - Provisions and Reserves
Chapter No. 15 - Bills of Exchange
Chapter No. 16 - Rectification of Errors
Chapter No. 17 - Financial Statements - (Without Adjustments)
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
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