Question No 11 Chapter No 10 - Unimax 11 Class

Question No 11 Chapter No 10 - Unimax Class 11

Give journal entries to rectify the errors in the following cases:

(a) A purchase of goods from David amounting to ₹ 150 has been wrongly passed through the sales book.
(b) A credit sale of goods of ₹ 120 to peter has been wrongly passed through the purchases book.
(c) ₹ 200 salary paid to cashier B. Naidu stands wrongly debited to his personal account.
(d) ₹ 100 received from Show & co. have been wrongly entered as from Shah & Co.

The solution of Question No 11 Chapter No 10 -

 Journal

Date	Particulars		L.F.	Debit	Credit
a.	Purchases A/c	Dr.		150
	Sales A/c	Dr.		150
	To David’s A/c				300
	(Being purchases from David wrongly passed sales book, now rectified)
b.	Peter’s A/c	Dr.		240
	To Purchases A/c				120
	To Sales A/c				120
	(Being sales of goods to peter passe through purchases book now rectified)
c.	Salary A/c	Dr.		300
	To B. Naidu’s A/c				300
	(Being salary paid to B. Naidu debited to his personal a/c, now rectified)
d.	Shah & Co’s A/c	Dr.		100
	To Shah & Co. A/c				100
	(Being received from Shah & Co. wrongly entered as from Shah & Co., now rectified)

 

 

 

 

 

 

 

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