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Question No 37 Chapter No 10 – Unimax 11 Class

Question-No-37-Chapter-No-10-Unimax-11-Class
Question-No-37-Chapter-No-10-Unimax-11-Class

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Question No 37 Chapter No 10 – Unimax Class 11

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37 Rectify the following error:
(1) Credit sales to Mohan ₹ 7,000 were recorded as ₹ 700.
(2) Credit purchases from Rohan ₹ 9,000 were recorded as ₹ 900.
(3) Goods returned to Rakesh ₹ 4,000 were recorded as ₹ 400.
(4) Goods returned from Mahesh ₹ 1,000 were recorded as ₹ 100

The solution of Question No 37 Chapter No 10 –

 Journal
Date  ParticularsL.F.DebitCredit
      
1Mohan’s A/cDr 6,300 
 To Sales A/c   6,300
 (Being credit sales to Mohan recorded wrongly in books, now rectified)    
2Purchases A/cDr  8,100 
 To Rohan’s A/c   8,100
 (Being goods purchases on credit from Rohan recorded wrongly in book, now rectified)    
3Rakesh A/cDr 3,600 
 To purchases returns A/c   3,600
 (Being goods returned to Rakesh recorded wrongly in books, now rectified)    
4Sales returns A/cDr 900 
 To Mahesh A/c   900
 (Being sales returned from Mahesh recorded wrongly in books, now rectified)    
    18,90018,900

It is all about Question 37 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 

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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

Students may choose only one part from the Part II and Part III

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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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