Question No 07 Chapter No 16

Question No 07 Chapter No 16

Rectification Before the preparation of the trial balance
Single Account Errors

07. Imad Wasim detected the following errors before the construction of Trail Balance, you are required to rectify the errors

  1. Sale to Pooja Rs 536 posted to her account as Rs 356
  2. Sale to Rajni Rs 112 debited to her account as Rs 211
  3. Sales to Dilraj Rs 625 credited to his account as Rs 526
  4. Purchases from Govind Rs 306 credited to his account as Rs 360
  5. Purchases from Jasmeet Kaur Rs 199 debited to her account as Rs 919
  6. Purchases from Saroj Rs 660 posted to her account Rs 606

The solution of Question No 07 Chapter No 16:-

(a)Pooja account should now be debited with Rs 180 (i.e. 536- 356)
  
(b)Rajni account should now de credited with Rs 99 (i.e. 211-112)
  
(c)Raju account should be debited with Rs 1,151 (i.e. 625+526)
  
(d)Govind account should now be debited with Rs 54 (i.e. 360 – 306)
  
(e)Ishwar account should now be debited with Rs 720 (i.e. 919 – 199)
  
(f)Saroj account should now be credited with Rs 54 ( 660 – 606)



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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