Question No 24 Chapter No 10 - Unimax 11 Class

Question No 24 Chapter No 10 – Unimax Class 11

Table of Contents

The solution of Question No 24 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

24. Give rectifying entries for the following:
(1) Sales of goods ₹ 6,000 to Mohan were recorded as ₹ 600 in the sales book.
(2) A credit purchases of goods from David amounting to ₹ 1,500 has been wrongly passed through the sales book.
(3) ₹ 200 salary paid to cahier B. Naidu, stans wrongly debited to his personal account.
(4) A cheque of ₹ 800 received from Mukesh for repairs of Machinery was entered in the Purchases book as ₹ 700.

The solution of Question No 24 Chapter No 10 –

Journal
Date	Particulars			L.F.	Debit	Credit

1	Mohan’s A/c	Dr.			5,400
	To Sales A/c					5,400
	(Beingsales to Mohan of ₹ 6,000 recorded as ₹ 600 in sales book, now rectified)
2	Purchase A/c	Dr.			1,500
	Sales A/c	Dr.			1,500
	ToDavid’s A/c					3,000
	(Being purchases from David passed through sales book, now rectified)
3	Salary A/c	Dr.			200
	To B. Naidu’s A/c					200
	(Beingsalary paid to B. Naidu wrongly debited to his personal a/c, now rectified)

4	Rajesh’s A/c	Dr.			800
	To Discount A/c					800
	(Being Rajesh’s cheque dishonoured & debited to discount a/c, now rectified)

5	Repair A/c		Dr.		800
	To Purchases A/c					800
	(Being repair of building entered in purchases book, now rectified)

It is all about Question 18 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

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

Advertisement-X

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 24 Chapter No 10 – Unimax 11 Class

The solution of Question No 24 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Related