Question No 35 Chapter No 10 - Unimax 11 Class

Question No 35 Chapter No 10 – Unimax Class 11

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The solution of Question No 35 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

35 Trial balance of Raju showed exces debit of 10,000. He put the difference to suspense account and discovered the following errors.
(a) Depreciation written off the furniture ₹ 6,000 was not posted to furniture account.
(b) Credit sales to Rupam ₹ 10,000 were recorded as ₹ 7,000.
(c) Purchases book undercast by ₹ 2,000.
(d) Cash sales to Rana ₹ 5,000 were not posted.
(e) Old machinery sold for ₹ 7,000 was credited to sales account.
(f) Discount received ₹ 800 from Kanan on paying cash to him was not posted. Rectify the errors and prepare suspense account.

The solution of Question No 35 Chapter No 10 –

Journal

Date	Particulars			L.F.	Debit	Credit

a.	Suspense A/c	Dr			6,000
	To Furniture A/c					6,000
	(Being depreciation on furniture not posted to furniture a/c, now rectified)
b.	Rupam A/c	Dr			3,000
	To Sales A/c					3,000
	(Being credit sales to Rupam recorded wrongly in books, now rectified)

c.	Purchases A/c	Dr			2,000
	To Suspense A/c					2,000
	(Being purchases book undercasted, now rectified)

d.	Suspense A/c	Dr			5,000
	To Sales A/c					5,000
	(Being cash sales noy posted, now rectified)

e.	Sales A/c	Dr			7,000
	To Machinery A/c					7,000
	(Being machinery sold entered in sales a/c, now rectified)

f.	Kanan A/c		Dr		800
	To Suspense A/c					800
	(Being discount received paying cash noy posted, now rectified)
					23,800	23,800

Dr.	Suspense A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
	To Furniture A/c		6,000		By Different in trial balance		10,000
	To Sales A/c		5,000		By Purchases A/c		2,000
	To Balance c/d		1,800		By Sales A/c		800

			12,800				12,800

It is all about Question 35 Chapter 10 of Class 11 unimax, If you have any problem please comment below.

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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

Question No 35 Chapter No 10 – Unimax 11 Class

The solution of Question No 35 Chapter No 10 –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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