Question No 22 Chapter No 10 - Unimax 11 Class

Question No 22 Chapter No 10 – Unimax Class 11

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The solution of Question No 22 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

22. Rectified the following errors:
(1) Purchases book overcast by ₹ 500
(2) Salary paid to an employee Mr. Ajay debited to his personal account ₹ 3,000.
(3) Goods sold to Shahi on credit ₹ 300 have been wrongly passed through purchases book.
(4) The total of returns inward ha been added ₹ 9 short.
(5) A purchases of chair from Happy Traders for ₹ 35 has been entered in the purchases book as ₹ 53.

The solution of Question No 22 Chapter No 10 –

Journal
Date	Particulars			L.F.	Debit	Credit

1	Suspense A/c	Dr.			500
	To Purchases A/c					500
	(Being purchases book overcast, now rectified)
2	Salary A/c	Dr.			3,000
	To Mr. AjayA/c					3,000
	(Being salary paid to Mr. Ajay debited to his personal a/c, now rectified)
3	Shahi’s A/c	Dr.			600
	To Sales A/c					300
	To Purchases A/c					3,00
	(Being goods sold to Shahi recorded in purchases book, now rectified)

4	Return inward A/c	Dr.			9
	To Suspense A/c					9
	(Being returns inward book added short, now rectified)

5	Furniture A/c		Dr.		35
	Suspense A/c		Dr.		18
	To Purchases A/c					53
	(Being purchases of chair recorded in purchases book with wrong amount, now rectified)

It is all about Question 22 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

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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

Part-II

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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 22 Chapter No 10 – Unimax 11 Class

The solution of Question No 22 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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