Question No 3 Chapter No 10 – Unimax Class 11
Table of Contents
Give the necessary entries to correct the following errors:
- ₹ 520 received from H has been posted to the credit of T account.
- New machinery costing ₹ 6,000 has been debited to machinery repair account.
- Private expenses of ₹ 100 have been posted to office expenses account
The solution of Question No 3 Chapter No 10 –
Journal
| Date | Particulars | L.F. | Debit | Credit | ||
| (a) | T’s A/c | Dr. | 520 | |||
| To H’s A/c | 520 | |||||
| (Being cash received from H wrongly posted to credit of T’s a/c, now rectified) | ||||||
| (b) | Machinery A/c | Dr. | 6,000 | |||
| To Repair A/c | 6,000 | |||||
| (Being new machinery purchases, debited to repairs a/c, now rectified) | ||||||
| (c) | Drawing A/c | Dr. | 100 | |||
| To Office expenses A/c | 100 | |||||
| (Being private expenses posted to office expenses a/c, now rectified) | ||||||
It is all about Question 3 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
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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
- 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