Question No 11 Chapter No 10 - Unimax 11 Class

Question No 11 Chapter No 10 – Unimax Class 11

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The solution of Question No 11 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Give journal entries to rectify the errors in the following cases:

(a) A purchase of goods from David amounting to ₹ 150 has been wrongly passed through the sales book.
(b) A credit sale of goods of ₹ 120 to peter has been wrongly passed through the purchases book.
(c) ₹ 200 salary paid to cashier B. Naidu stands wrongly debited to his personal account.
(d) ₹ 100 received from Show & co. have been wrongly entered as from Shah & Co.

The solution of Question No 11 Chapter No 10 –

Journal

Date	Particulars		L.F.	Debit	Credit

a.	Purchases A/c	Dr.		150
	Sales A/c	Dr.		150
	To David’s A/c				300
	(Being purchases from David wrongly passed sales book, now rectified)

b.	Peter’s A/c	Dr.		240
	To Purchases A/c				120
	To Sales A/c				120
	(Being sales of goods to peter passe through purchases book now rectified)
c.	Salary A/c	Dr.		300
	To B. Naidu’s A/c				300
	(Being salary paid to B. Naidu debited to his personal a/c, now rectified)

d.	Shah & Co’s A/c	Dr.		100
	To Shah & Co. A/c				100
	(Being received from Shah & Co. wrongly entered as from Shah & Co., now rectified)

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

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

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

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Question No 11 Chapter No 10 – Unimax 11 Class

The solution of Question No 11 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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