Question No 9 Chapter No 10 – Unimax Class 11
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
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
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