Question No 20 Chapter No 10 - Unimax 11 Class

Question No 20 Chapter No 10 – Unimax Class 11

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The solution of Question No 20 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

20. Give rectifying entries of the following:
(1) Sales of ₹ 20,000 to Manoj were recorded as ₹ 2,000 in sales book.
(2) An amount of ₹ 25,000 spent for the extension of machinery has been debited to wages account.
(3) Total of sales return book was undercast by ₹ 4,750.
(4) Goods of ₹ 3,000 sold to Mahesh, but it was recorded in purchases book.

The solution of Question No 20 Chapter No 10 –

Journal
Date	Particulars		L.F.	Debit	Credit

1	Manoj’s A/c	Dr.		18,000
	To Sales A/c				18,000
	(Being sales to Manoj of ₹ 20,000 in sales book, now rectified)

2	Machinery A/c	Dr.		25,000
	To Wages A/c				25,000
	(Being spent of erection of machinery, debited to wages a/c, now rectified)

3	Sales Returns A/c	Dr.		4,750
	To Suspense A/c				4,750
	(Being total of sales returns book under cast, now rectified)

4	Mahesh’s A/c	Dr.		6,000
	To Sales A/c				3,000
	To Purchases A/c				3,000
	(Being goods sold to Mahesh but recorded in purchases book, now rectified)

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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

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 20 Chapter No 10 – Unimax 11 Class

The solution of Question No 20 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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