Question No 13 Chapter No 10 – Unimax 11 Class

Question-No-13-Chapter-No-10-Unimax-11-Class
Question-No-13-Chapter-No-10-Unimax-11-Class

Question No138 Chapter No 10 – Unimax Class 11

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(a) An amount of ₹ 500 withdrawn by the proprietor for his personal use has been debited to trade expenses account.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  (Being goods withdrawn by proprietor debited to trade expenses a/c, now rectified)        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 

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

Advertisement-X

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 

 

Advertisement

error: Content is protected !!