Question No 2 Chapter No 10 - Unimax Class 11

Question No 2 Chapter No 10 - Unimax Class 11

 Pass necessary to rectify the following mistakes:

1. A sum of 1,600 paid by way of rent was debited to Landlord’s personal account.
2. Furniture sold for ₹ 900 has been posted to sales account.
3. An amount of ₹ 4,000 withdrawn by the proprietor for his personal use has been debited to Trade expenses account.
4. ₹ 4,500 the cost of repairing the floor has been charged to Building account

The solution of Question No 2 Chapter No 10 -

Journal

Date	Particulars			L.F.	Debit	Credit
(a)	Rent A/c	Dr.			1,600
	To Landlord’s A/c					2,000
	(Being rent paid debited to landlord’s personal a/c, now rectified)
(b)	Sales A/c	Dr.			900
	To Furniture A/c					900
	(Being furniture sold posted to sales a/c, now rectified)
(c)	Drawing A/c	Dr.			4,000
	To trade expenses A/c					4,000
	(Being withdrawn by the proprietor for personal use, debited to trade expenses a/c, now rectified)
(d)	Repair A/c	Dr.			4,500
	To Building A/c					4,500
	(Being repair of floor charges, now rectified)

 

It is all about Question 02 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