Question No 28 Chapter No 10 – Unimax Class 11
28. Draft journal for rectifying the errors. Also prepare the suspense A/c.
(a) A purchases of 196, posted to the debit of suppliers A/c Mr. Gopal.
(b) Sales of an machinery ₹ 8,000 to proprietor was recorded in the sales book.
(c) Total of purchases book was overcast by ₹ 4,300. Rectify the above mentkoned errors.
The solution of Question No 28 Chapter No 10 –
Journal
Date | Particulars | L.F. | Debit | Credit | |
a. | Suspense A/c | Dr. | 396 | ||
To Mr. Gopal A/c | 396 | ||||
(Being purchases from Mr. Gopal debited to Mr. Gopal’s a/c, now rectified) | |||||
b. | Sales A/c | Dr. | 8,000 | ||
To Machinery A/c | 8,000 | ||||
(Being machinery sale to owner wrongly posted to sales book, now rectified) | |||||
c. | Suspense A/c | Dr. | 4,300 | ||
To Purchases A/c | 4,300 | ||||
(Being total purchases book overcast, now rectified) |
It is all about Question 28 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
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- 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
- 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
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