Question No 18 Chapter No 16

Question No 18 Chapter No 16

Recertification after the Preparation of Trail Balance but before Final Account

Single Account Errors

18. The undermentioned errors are located inn the book of premier company after the preparation of trial balance

  1. Purchases book was undercast by Rs 6,100
  2. Return inward book was overcast by Rs 4,000
  3. Goods sold to Harmit Singh for Rs 200 not posted to his account
  4. Discount received Rs 20 from Jaggi was not posted to his account
  5. Total old debit side of furniture was undercast by Rs 1,400
  6. Income tax Rs 7,000 paid by the sole proprietor was correctly recorded in cash book but not posted accordingly
    Pass rectification entries for the above errors


The solution of Question No 18 Chapter No 16:-

Date  Particulars
(a)Purchases A/cDr. 6,100 
 To Suspens A/c   6,100
 (Being purchase book undercast now corrected.)    
(b)Suspense A/cDr. 4,000 
 To Return inward A/c   4,000
 (Being return inward book overcast now corrected.)    
(c)Harmit Singh A/cDr. 200 
 To Suspense A/c   200
 (Being sale not posted to Harmit account.)    
(d)Jaggi A/cDr. 20 
 To Suspense A/c   20
 (Being discount received not posted , now posted.)    
(e)Furniture A/cDr. 1,400 
 To Suspense A/c   1,400
 (Being furniture account undercast now corrected.)    
(f)Drawing A/cDr. 7,000 
 To Suspense A/c   7,000
 (Being income tax paid not posted)    

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. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Origin of Transactions

Chapter No. 4 – Vouchers and transactions

Chapter No. 5 – Journal

Chapter No. 6 – Accounting for Goods and Services Tax(GST)

Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

Chapter No. 11 – Trial Balance

Chapter No. 12 – Bank Reconciliation Statement

Chapter No. 13 – Depreciation

Chapter No. 14 – Provisions and Reserves 

Chapter No. 15 – Bills of Exchange

Chapter No. 16 – Rectification of Errors 

Chapter No. 17 – Financial Statements – (Without Adjustments)

Chapter No. 18 – Financial Statements – (With Adjustments)

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