Question No 4 Chapter No 10 – Unimax 11 Class

Question No 4 Chapter No 10 - Unimax 11 Class
Question No 4 Chapter No 10 - Unimax 11 Class

Question No 4 Chapter No 10 – Unimax Class 11

4. Pass the Journal entries to rectify the following errors:

  1. Typewriter purchased for ₹ 3,500 was debited to purchases account.
  2. Goods taken by proprietor for ₹ 100 has been credited to sales account.
  3. Old furniture sold for ₹ 540 has been credited to sales account.
  4. ₹ 1,000 paid for rent was debited to landlord’s account.
  5. Credit purchases of ₹ 200 from Harish were posted were debited to credit Hitesh’s account.
  6. ₹ 1,500 spent on extension of building were debited to repair account.
  7. ₹ 800 received from Ram Narain against his acceptance were credited to his account

The solution of Question No 4 Chapter No 10 –

Journal

Date   Particulars L.F. Debit Credit
2020          
1 Typewriter A/c Dr.   3,500  
  To Purchases A/c       3,500
  (Being typewriter purchases debited to purchases a/c, now rectified)        
2 Drawing A/c   Dr.    100  
  To Purchases A/c       100
  (Being goods taken by proprietor have not been entered in the book, now rectified)        
3 Sales A/c Dr.   540  
  To furniture A/c       540
  (Being furniture sold credited to sales a/c, now rectified)        
           
4 Rent A/c Dr.   1,000  
  To landlord’s A/c       1,000
  (Being rent paid debited to landlord ‘s personal a/c, now rectified)        
           
5 Hitesh’s A/c  Dr.   200  
  To Harish’s A/c       200
  (Being purchases from Harish posted to the credit of Hitesh, now rectified)        
           
6 Ram Narin’s A/c Dr.   800  
  To Bills receivable A/c       800
  (Being cash received from Ram Narin against his acceptance credited to his a/c, now rectified)       

It is all about Question 4 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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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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