Problem No 1 Chapter No 10 - Unimax 11 Class

Problem No 1 Chapter No 10 – Unimax Class 11

Table of Contents

Pass the entries to rectify the following errors:

Ads loading…

1. Goods costing ₹ 1,000 have been purchases on credit from Sohan, but no entry has been made in the books, although the goods were taken into stock.

2. Goods amounting to ₹ 4,000 have been sold on credit, but no entry has been made in the books.

3. No entry has been made for purchases return of ₹ 200.

4. No entry has been made for sales return of ₹ 450.

5. Goods purchases from Ramesh Chandra on credit for ₹ 5,000 was recorded in purchases book as ₹ 500.

6. Sales of ₹ 600 to Siya Ram were recorded as ₹ 60 in the sales book.

7. Goods purchases on credit from Pawan for ₹ 400 was recorded as ₹ 4,000 in purchases book.

The solution of Problem No 1 Chapter No 10 –

S. No.	Particulars		L.F.	Debit	Credit
1	Purchases A/c	Dr.		1,000
	To Sohan’s A/c				1,000
	(Being purchases goods on credit from Sohan, not recorded in the books earlier, now rectified)
2	Customer’s A/c	Dr.		4,000
	To Sales A/c				4,000
	(Being sold on credit, but no entry has been made in the books, now rectified)
3	Supplier A/c	Dr.		200
	To purchase return A/c				200
	(Being goods return to the supplier not recorded in the books, now rectified)

4	Sales return A/c	Dr.		450
	To Customer’s A/c				450
	(Being goods returned by customer not recorded in the books, now rectified)

5	purchases A/c	Dr.		4,500
	To Ramesh A/c				4,500
	(Being purchase of goods under recorded in purchases books, now rectified)

6	Siya A/c	Dr.		540
	To Sales A/c				540
	(Being sales of goods under recorded in sales books, now rectified)

7	Purchases A/c	Dr.		3,600
	To Purchase A/c				36,000
	(Being purchases of goods over recorded in purchases book, now rectified)

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

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

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

Part-I

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

Part-II

Ads loading…

Advertisement-X

Part-III