Question No 30 Chapter No 10 - Unimax 11 Class

Question No 30 Chapter No 10 – Unimax Class 11

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The solution of Question No 30 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

30. Rectify the following errors.
(1) ₹ 760 paid for wages for construction of showcase (furniture), wrongly debited to wages a/c as 670.
(2) ₹ 500 received from Anand against a debt previously written off as bad debt has been credited to his personal account.
(3) Goods purchases from Sonu for ₹ 800 wrongly passed through sales book.

The solution of Question No 30 Chapter No 10 –

Journal

Date	Particulars		L.F.	Debit	Credit

1	Furniture A/c	Dr		760
	To Wages A/c				760
	(Being paid for wages for making of showcase, wrongly debited to wages a/c, now rectified)
b.	Anand’s A/c	Dr		500
	To Bad debts recovered A/c				500
	(Being received from Anand against a debt written off as bad last year, debited to his personal a/c, now rectified)
c.	Purchases A/c	Dr		800
	Sales A/c	Dr		800
	To Sonu’s A/c				1,600
	(Being goods purchased from Sonu wrongly passed through sales book; now rectified)

It is all about Question 30 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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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

Question No 30 Chapter No 10 – Unimax 11 Class

The solution of Question No 30 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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