Question No 05 Chapter No 16

Question No 05 Chapter No 16

Rectification Before the preparation of the trial balance

05. Rectify the following errors which are detected before preparing the trial balance:

  1. Goods of Rs 3,313 sold to Ravi were not posted to his account
  2. Payment side of the cash book was overcast by Rs 2,800
  3. Sale to Harinder for Rs 615 pasted to his account Rs 516
  4. Return of goods from Bhagwan Rs 250 was posted to the debit side of his account Rs 450

The solution of Question No 05 Chapter No 16:-

(a)Ravi’s account should now be debited with Rs 3,313
(b)Cash account should now be debited with Rs 2,800
(c)Harinder’s account should now be debited with Rs 99(915-516)
(d)Bhagwan’s account should now be credited with Rs 700(250+450)

Error Rectification in accounting – Explanation with examples

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

Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Origin of Transactions

Chapter No. 4 – Vouchers and transactions

Chapter No. 5 – Journal

Chapter No. 6 – Accounting for Goods and Services Tax(GST)

Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

Chapter No. 11 – Trial Balance

Chapter No. 12 – Bank Reconciliation Statement

Chapter No. 13 – Depreciation

Chapter No. 14 – Provisions and Reserves 

Chapter No. 15 – Bills of Exchange

Chapter No. 16 – Rectification of Errors 

Chapter No. 17 – Financial Statements – (Without Adjustments)

Chapter No. 18 – Financial Statements – (With Adjustments)

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