Question No 08 Chapter No 16 - USHA Publication 11 Class

Question No 08 Chapter No 16

Table of Contents

Rectification Before the preparation of the trial balance
Single Account Errors

08. Accountant of partnership firm requests you to rectify the following errors before the preparation of trial balance

Discount allowed Rs 54 to Manoj Kumar was credited to his account Rs 45
Discounted received Rs 76 from Aarti was credited to her account Rs 67
Sales book total carried forward Rs 250 more on page 10 and Rs 93 more on page 15.
Purchased total carried forward Rs 250 more on page 16 and Rs 315 less on page 19.
Returns inward book total carried forward Rs 170 more on page 7 and again Rs 110 more on page 11
Machinery account was not posted with Rs 3,000
Furniture purchased for Rs 2,500 was posted to credit of this account
Plant purchased for Rs 13,000 was posted to the credit of this account Rs 10,300
Building purchased for Rs 35,000 was posted to this account Rs 53,000

(a)	Ashok account should now be credited with Rs 9 (i.e. 45-45)

(b)	Arti account should now be debited with SR 143 (i.e. 76+67)

(c)	Sale account should now be debited with Rs 53 (i.e.93-40)

(d)	Purchases account should now be credit with Rs 65(i.e. 315-250)

(e)	Return inward account should now be credited with Rs 280(i.e. 170+110)

(f)	Machinery account should be debited with Rs 3,000

(g)	Furniture account should now be debited with Rs 5,000 (i.e.2,500 + 2,500)

(h)	Plant account should now be debited with Rs 23,300 (i.e. 1,300 + 10,300)

(i)	Building account should be credited now with Rs 18,000 (i.e. 53,000 – 35.000)