Question No 1 Chapter No 10 - Unimax Class 11

1. Given journal entries to rectify the following errors:

1. ₹ 2,000 paid for furniture purchases has been debited to purchases account.
2. ₹ 3,000 paid to Mohan Lal for salary were debited to his personal account.
3. ₹ 500 paid for proprietor’s medical were debited to ‘Sundry expenses account’.
4. Typewriter purchases for ₹ 7,500 has been wrongly passed through the purchases book.
5. An office table purchases for ₹ 5,000has been passed through invoice book.
6. An amount of ₹ 1,200 spent on annual white-washing was debited to building A/c.
7. ₹ 800 paid for rent wrongly debited to Landlord’s A/c.

The solution of Question No 1 Chapter No 10 -

Journal

Date	Particulars		L.F.	Debit	Credit
2020
1	Furniture A/c	Dr.		2,000
	To Purchases A/c				2,000
	(Being furniture purchases debited to purchases a/c, now rectified)
2	Salary A/c	Dr.		3,000
	To Mohan Lal’s A/c				3,000
	(Being salary paid to Mohan Lal debited to his personal a/c, now rectified)
3	Drawing A/c	Dr.		500
	To Sundry expense A/c				500
	(Being expenses of the medical bill of owner debited to sundry expenses a/c, now rectified)
4	Office equipment A/c	Dr.		7,500
	To Purchases A/c				7,500
	(Being typewriter purchases wrongly debited to purchases a/c, now rectified)
5	Furniture A/c	Dr.		5,000
	To Purchases A/c				5,000
	(Being office table purchases passed through invoice book, now rectified)
6	Building repair A/c	Dr.		1,200
	To Building A/c				1,200
	(Being white-washing debited to building an account, now rectified)
7	Rent A/c	Dr.		800
	To Landlord’s A/c				800
	(Being rent paid wrongly debited to landlord a/c, now rectified)

This is all about Question No 1 Chapter No 10 - Unimax Class 11

Read out the full article to know the meaning of Rectification of Errors 

Error Rectification in accounting – Explanation with examples

Also, Check out the same article in Hindi from the following link

Error Rectification in accounting – Explanation with examples-in Hindi

Also, Check out the solved question of all Chapters: –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

• Chapter No. 1 - Introduction of Accounting
• Chapter No. 2 - Theory Base of Accounting
• Chapter No. 3 - Vouchers and Transactions
• Chapter No. 4 - Journal
• Chapter No. 5 - Goods and Services Tax (GST): An Introduction
• Chapter No. 6 - Ledger
• Chapter No. 7 - Special Purpose Book -  Cash Book
• Chapter No. 8 - Other Subsidiary Books 
• Chapter No. 9 - Trial Balance 
• Chapter No. 10 - Rectification of Errors
• Chapter No. 11 - Depreciation
• Chapter No. 12 - Provision and Reserves
• Chapter No. 13 - Bank Reconciliation Statement
• Chapter No. 14 - Bills of Exchange 

Students may choose only one part from the Part II and Part III

Part-II

• Chapter No. 15 - Financial Statements (Without Adjustments)
• Chapter No. 16 - Financial Statements (With Adjustments)
• Chapter No. 17 - Accounts from Incomplete Records -  Single Entry System

Part-III

• Chapter No. 18 - Introduction to Computers and Accounting information System
• Chapter No. 19 - Computerised Accounting
• Chapter No. 20 - Accounting Software: Tally 
• Chapter No. 21 - Data Base System
• Chapter No. 22 - Concept of Entity and Relationship