Question No 22 Chapter No 16
Recertification after the Preparation of Trail Balance but before Final Account
Single Account Errors
22. You are required to rectify the following errors in the books of Kamal with suspense account.
(a) Income tax paid Rs 1,800 was posted to office expenses account RS 1,080.
(b) A sale of goods of Rs 7,500 to Kavita was recorded in sale book Rs 7,050. (c) Goods of Rs 1,100 withdrawn for personal use not yet recorded in the books.
(d) Raman returned goods with Rs 700 was recorded in’ Purchase Returns Book’. However. Raman was correctly credited.
(e) A sum of Rs 8,000 received from K.P. Singh was posted to M.P. Singh.
(f) Salary Rs 1,290 paid to Monika was posted to her personal account Rs 1,920.
(g) Commission received Rs 1,160 from Gurjit was posted to his personal account Rs 1,060.
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The solution of Question No 22 Chapter No 16:-
|To Office Expenses A/c||1,080|
|To Suspense A/c||720|
|(Being income tax paid RS 1800 wrongly debited to office expenses as Rs 1,080 now corded.)|
|To Sale A/c||450|
|(Being sale Rs 7,500 wrongly recorded as Rs 7,050 now corded.)|
|To Purchases A/c||1,100|
|(Being drawing unrecorded now corded.)|
|(d)||Sale Retune A/c||Dr.||700|
|Purchases return A/c||Dr.||700|
|To Suspense A/c||1,400|
|(Being sales return wrongly treated as purchases return now corrected )|
|(e)||M.P. Singh A/c||Dr.||8,000|
|To K.P Singh A/c||8,000|
|(Being receipt from K.P Singh wrongly posted in M.P Singh now corded.)|
|To Monika A/c||1,920|
|(Being salary paid Rs 1,290posted to personal A/c as Rs 1,920 now corrected )|
|To Commission A/c||1,160|
|(Being commission received wrongly recorded in a personal account now corrected )|
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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. 3 – Origin of Transactions
Chapter No. 6 – Accounting for Goods and Services Tax(GST)