Question No 10 Chapter No 10 - Unimax 11 Class

Question No 10 Chapter No 10 - Unimax Class 11

Rectify the following errors.

(a) Furniture purchased for ₹ 250 was debited to purchases account.
(b) A sum of ₹ 100 paid to Ram was debited in Shyam’s account.
(c) A bill receivable for ₹ 500 received from Ram has been omitted to be entered.
(d) Goods worth ₹ 200 taken away by the proprietor were debited to B.
(e) An engine purchases for ₹ 1,250 has been posted to purchases account.

The solution of Question No 10 Chapter No 10 -

Journal

Date	Particulars			L.F.	Debit	Credit
a.	Furniture A/c	Dr.			250
	To Purchases A/c					250
	(Being furniture purchases debited to purchases a/c, now rectified)
b.	Ram’s A/c	Dr.			100
	To Shyam’s A/c					100
	(Being paid to Ram debited to Shyam’s a/c, now rectified)
c.	Bills receivable A/c	Dr.			500
	To Ram’s A/c					500
	(Being bills receivable from Ram omitted to be entered, now rectified)
d.	Drawing A/c	Dr.			200
	To B’s A/c					200
	(Being goods taken by proprietor were debited to B’s now rectified)
e.	Engine A/c	Dr.			1,250
	To Purchases A/c					1,250
	(Being engine purchases posted to purchases a/c, now rectified)

It is all about Question 10 Chapter 10 of Class 11 unimax, If you have any problem please comment below.

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