Question No 15 Chapter No 17 – T.S. Grewal 11 Class

Question No.15 Chapter No.17 T.S. Grewal 1 Book 2019 Solution min min 1024x576 - Question No 15 Chapter No 17 - T.S. Grewal 11 Class

Question No 15 Chapter No 17

15.Rectify the following errors:
(i) Sales to Vinod of 143 posted to his account as 134.
(ii) Sales to Vinod of 143 debited to his account as 134.
(iii) Sales to Vinod of 143 credited to his account as 134.

The solution of Question No 15 Chapter No 16:-

 

Date   Particulars
L.F. Debit Credit
i Vinod A/c Dr.   9  
  To Suspense A/c       9
  (Being Rs 9 was posted less in Vinod’s Account, now rectified)        
ii Vinod A/c Dr.   9  
  To Suspense A/c       9
  (Being Vinod’s Account was wrongly debited with Rs 9 less, now rectified)        
iii Vinod A/c Dr.   277  
  To Suspense A/c       277
  (Being Sales to Vinod of Rs 143 was wrongly credited as Rs 134, now rectified)        

 

 

 

 

Error Rectification in accounting – Explanation with examples

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

    • Chapter No. 1 – Introduction to Accounting
    • Chapter No. 2 – Basic Accounting Terms
    • Chapter No. 3 – Theory Base of Accounting, Accounting Standards and International Financial Reporting Standards(IFRS)
    • Chapter No. 4 – Bases of Accounting
    • Chapter No. 5 – Accounting Equation
    • Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
    • Goods and Services Tax(GST)
    • Chapter No. 7 – Origin of Transactions – Source Documents and Preparation of Vouchers
    • Chapter No. 8 – Journal
    • Chapter No. 9 – Ledger
    • Chapter No. 10 – Special Purpose Books I – Cash Book
    • Chapter No. 11 – Special Purpose Books II – Other Books
    • Chapter No. 12 – Bank Reconciliation Statement
    • Chapter No. 13 – Trial Balance
    • Chapter No. 14 – Depreciation
    • Chapter No. 15 – Provisions and Reserves
    • Chapter No. 16 – Accounting for Bills of Exchange
    • Chapter No. 17 – Rectification of Errors
    • Chapter No. 18 – Financial Statements of Sole Proprietorship
    • Chapter No. 19 – Adjustments in preparation of Financial Statements
    • Chapter No. 20 – Accounts from incomplete Records – Single Entry System
    • Chapter No. 21 – Computers in Accounting
    • Chapter No. 22 – Accounting Software – Tally
    • Chapter No. 5 – Accounting Equation
    • Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
    • Goods and Services Tax(GST)
    • Chapter No. 8 – Journal
    • Chapter No. 9 – Ledger
    • Chapter No. 10 – Special Purpose Books I – Cash Book

Check out T.S. Grewal +1 Book 2019 @ Official Website of Sultan Chand Publication

T.S. Grewals Double Entry Book Keeping - Question No 15 Chapter No 17 - T.S. Grewal 11 Class

T.S. Grewal’s Double Entry Book Keeping

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