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Question 2 Chapter 10 – Unimax Publications of Class 11
Pass necessary to rectify the following mistakes:
- A sum of 1,600 paid by way of rent was debited to the Landlord’s personal account.
- Furniture sold for ₹ 900 has been posted to sales account.
- An amount of ₹ 4,000 withdrawn by the proprietor for his personal use has been debited to Trade expenses account.
- ₹ 4,500 the cost of repairing the floor has been charged to Building account
The solution of Question 2 Chapter 10 – Unimax Publications of Class 11
| Journal | ||||||
| Date | Particulars | L.F. | Debit | Credit | ||
| (a) | Rent A/c | Dr. | 1,600 | |||
| To Landlord’s A/c | 2,000 | |||||
| (Being rent paid debited to landlord’s personal a/c, now rectified) | ||||||
| (b) | Sales A/c | Dr. | 900 | |||
| To Furniture A/c | 900 | |||||
| (Being furniture sold posted to sales a/c, now rectified) | ||||||
| (c) | Drawing A/c | Dr. | 4,000 | |||
| To trade expenses A/c | 4,000 | |||||
| (Being withdrawn by the proprietor for personal use, debited to trade expenses a/c, now rectified) | ||||||
| (d) | Repair A/c | Dr. | 4,500 | |||
| To Building A/c | 4,500 | |||||
| (Being repair of floor charges, now rectified) | ||||||
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