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Question No 13 Chapter No 16
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Error in two Accounts with same Account
13. Rectify the following errors in the book of Ashok Kumar:
- Furniture purchased for Rs 17,000 was wrongly debited to the building account
- Telephone bill Rs 8,100 paid by cheque but no entry was recorded in the book
- Rent paid for the residence of proprietor Rs 4,000 was debited to rent account
- Tuition fees of the Rs 1,500paid for a son but debited to office expenses account
- Entertainment expenses of Rs 4,500 incurred on the relatives were debited to the entertainment expenses account
The solution of Question No 13 Chapter No 16:-
| Journal | |||||
| Date | Particulars | L.F. | Debit | Credit | |
| (a) | Furniture A/c | Dr. | 17,000 | ||
| To Building A/c | 17,000 | ||||
| (Being purchases of furniture wrongly treated as purchases of building now corrected.) | |||||
| (b) | Telephone charges A/c | Dr. | 8,100 | ||
| To Bank A/c | 8,100 | ||||
| (Being payment of telephone bill omitted now corrected.) | |||||
| (c) | Furniture A/c | Dr. | 1,900 | ||
To materials A/c To wages A/c | 1000 900 | ||||
| (Being rent paid of proprietor entered in rent account now recorded.) | |||||
| (d) | Drawing A/c | Dr. | 1,500 | ||
| To Office expense A/c | 1,500 | ||||
| (Being personal expenses wrongly debited to office expenses account, now corrected.) | |||||
| (e) | Drawing A/c | Dr. | 4,500 | ||
| To Entertainment expenses A/c | 4,500 | ||||
| (Being personal expenses wrongly treated as business expenses now corrected.) | |||||
Error Rectification in accounting – Explanation with examples
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Also, Check out the solved question of all Chapters: –
Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution
Chapter No. 2 – Theory Base of Accounting
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Chapter No. 3 – Origin of Transactions
Chapter No. 4 – Vouchers and transactions
Chapter No. 6 – Accounting for Goods and Services Tax(GST)
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Chapter No. 9 – Other Subsidiary Books
Chapter No. 10 – Journal Proper
Chapter No. 11 – Trial Balance
Chapter No. 12 – Bank Reconciliation Statement
Chapter No. 14 – Provisions and Reserves
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Chapter No. 15 – Bills of Exchange
Chapter No. 16 – Rectification of Errors
Chapter No. 17 – Financial Statements – (Without Adjustments)