Question No 13 Chapter No 10 - Unimax 11 Class

Question No138 Chapter No 10 – Unimax Class 11

Table of Contents

The solution of Question No 13 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

How will you rectify the following errors:

(a) An amount of ₹ 500 withdrawn by the proprietor for his personal use has been debited to trade expenses account.
(b) ₹ 100 received from Mohan has been credited Sohan.
(c) A credit sales of ₹ 150 to Sita has been wrongly passed through the purchases book.
(d) An amount of ₹ 50 paid for wages is posted twice to the debit of wages account.
(e) Periodical total of the sales book was cast short by ₹ 100.
(f) An item of ₹ 75 paid on the purchases of office furniture has been debited to purchases account.

The solution of Question No 13 Chapter No 10 –

Journal
Date	Particulars			L.F.	Debit	Credit

a.	Drawing A/c	Dr.			500
	To Trade expenses A/c					500
	(Being goods withdrawn by proprietor debited to trade expenses a/c, now rectified)
b.	Sohan’s A/c	Dr.			100
	To Mohan’s A/c					100
	(Being cash received from Mohan credited to Sohan a/c, now rectified)
c.	Sita’s A/c	Dr.			300
	To Purchases A/c					150
	To Sales A/c					150
	(Being credit sales to Sita passed through purchases book now rectified)

d.	Suspense A/c	Dr.			50
	To Wages A/c					50
	(Being wages paid wrongly debited twice, now rectified)

e.	Suspense A/c	Dr.			100
	To Sales A/c					100
	(Being total of sales book cash short, now rectified)

f.	Furniture A/c		Dr.		750
	To Purchases A/c					750
	(Being purchases of office furniture debited to purchases account , now rectified)

It is all about Question 13 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

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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

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

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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 13 Chapter No 10 – Unimax 11 Class

The solution of Question No 13 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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