Question No 10 Chapter No 10 - Unimax 11 Class

Question No 10 Chapter No 10 – Unimax Class 11

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The solution of Question No 10 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Rectify the following errors.

(a) Furniture purchased for ₹ 250 was debited to purchases account.
(b) A sum of ₹ 100 paid to Ram was debited in Shyam’s account.
(c) A bill receivable for ₹ 500 received from Ram has been omitted to be entered.
(d) Goods worth ₹ 200 taken away by the proprietor were debited to B.
(e) An engine purchases for ₹ 1,250 has been posted to purchases account.

The solution of Question No 10 Chapter No 10 –

Journal
Date	Particulars		L.F.	Debit	Credit

a.	Furniture A/c	Dr.		250
	To Purchases A/c				250
	(Being furniture purchases debited to purchases a/c, now rectified)

b.	Ram’s A/c	Dr.		100
	To Shyam’s A/c				100
	(Being paid to Ram debited to Shyam’s a/c, now rectified)

c.	Bills receivable A/c	Dr.		500
	To Ram’s A/c				500
	(Being bills receivable from Ram omitted to be entered, now rectified)

d.	Drawing A/c	Dr.		200
	To B’s A/c				200
	(Being goods taken by proprietor were debited to B’s now rectified)

e.	Engine A/c	Dr.		1,250
	To Purchases A/c				1,250
	(Being engine purchases posted to purchases a/c, now rectified)

It is all about Question 10 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

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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

Question No 10 Chapter No 10 – Unimax 11 Class

The solution of Question No 10 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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