Question No 35 Chapter No 10 - Unimax 11 Class

Question No 35 Chapter No 10 - Unimax Class 11

35 Trial balance of Raju showed exces debit of 10,000. He put the difference to suspense account and discovered the following errors.
(a) Depreciation written off the furniture ₹ 6,000 was not posted to furniture account.
(b) Credit sales to Rupam ₹ 10,000 were recorded as ₹ 7,000.
(c) Purchases book undercast by ₹ 2,000.
(d) Cash sales to Rana ₹ 5,000 were not posted.
(e) Old machinery sold for ₹ 7,000 was credited to sales account.
(f) Discount received ₹ 800 from Kanan on paying cash to him was not posted. Rectify the errors and prepare suspense account.

The solution of Question No 35 Chapter No 10 -

Journal

Date	Particulars			L.F.	Debit	Credit
a.	Suspense A/c	Dr			6,000
	To Furniture A/c					6,000
	(Being depreciation on furniture not posted to furniture a/c, now rectified)
b.	Rupam A/c	Dr			3,000
	To Sales A/c					3,000
	(Being credit sales to Rupam recorded wrongly in books, now rectified)
c.	Purchases A/c	Dr			2,000
	To Suspense A/c					2,000
	(Being purchases book undercasted, now rectified)
d.	Suspense A/c	Dr			5,000
	To Sales A/c					5,000
	(Being cash sales noy posted, now rectified)
e.	Sales A/c	Dr			7,000
	To Machinery A/c					7,000
	(Being machinery sold entered in sales a/c, now rectified)
f.	Kanan A/c		Dr		800
	To Suspense A/c					800
	(Being discount received paying cash noy posted, now rectified)
					23,800	23,800

 

Dr.	Suspense A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
	To Furniture A/c		6,000		By Different in trial balance		10,000
	To Sales A/c		5,000		By Purchases A/c		2,000
	To Balance c/d		1,800		By Sales A/c		800
			12,800				12,800

It is all about Question 35 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