Advertisement
Question No 9 Chapter No 10 – Unimax Class 11
Advertisement
The following errors were disclosed in the books of Mr. Babu. Correct the errors.
(1) The total of sales book has overcast by ₹1,000.
(2) In purchases book the total of one page ₹ 5,365 was carried forward to next page as ₹ 5,356.
(3) A sales return from Mr. Mitra ₹ 200 was entered in the sales book.
(4) Cash received from R. Ray ₹ 500 was posted to the account of M. Roy.
(5) Purchases goods book has been undercast by ₹ 100.
(6) ₹ 200 for repair to machinery has been taken to machinery account.
The solution of Question No 9 Chapter No 10 –
Journal | ||||||
Date | Particulars | L.F. | Debit | Credit | ||
1 | Sales A/c | Dr. | 1,000 | |||
To Suspense A/c | 1,000 | |||||
(Being sales book overcast, now rectified) | ||||||
2 | Purchases A/c | Dr. | 9 | |||
To Suspense A/c | 9 | |||||
(Being total of purchases book ₹ 5,365 c/d as ₹ 5,356, now rectified) | ||||||
3 | Sales returns A/c | Dr. | 200 | |||
Sales A/c | 200 | |||||
To Mitra’s A/c | 400 | |||||
(Being sales return from Mitra entered in sales book, now rectified) | ||||||
4 | M. Roy’s A/c | Dr. | 500 | |||
To R. Roy’s A/c | 500 | |||||
(Being cash received from R. Roy’s posted to M. Ros’s a/c, now rectified) | ||||||
5 | Suspense A/c | Dr. | 100 | |||
To Purchases returns A/c | 100 | |||||
(Being purchases return book undercast, now rectified) | ||||||
6 | Repair A/c | Dr. | 200 | |||
To Machinery A/c | 200 | |||||
(Being repair of machinery taken to machinery a/c, now rectified) |
It is all about Question 9 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
Advertisement-X
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
- 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
Advertisement-X
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
Leave a Reply