Advertisement
Question 14 Chapter 10 – Unimax Publications of Class 11
Correct the following errors:
(1) A sale of ₹ 300 was made to X and entered correctly in the sales book, but posted to the debit of Y as ₹ 30.
(2) The returns inward book includes an item of ₹ 150 which has been posted to the debit of a customer.
(3) ₹ 350 spent for repair of building has been debited to building account.
(4) Furniture worth ₹ 500 purchases from X on credit omitted to be recorded in the books.
(5) The total if returns inward book was added ₹ 200 instead of ₹ 250.
(6) Sales book was overcast by ₹ 500.
(7) A sales of old machinery amounting to ₹ 600 has been credited to sales account.
The solution of Question 14 Chapter 10 – Unimax Publications of Class 11
Journal
| Date | Particulars | L.F. | Debit | Credit | |||
| 1 | X’s A/c | Dr. | 300 | ||||
| To Suspense A/c | 300 | ||||||
| (Being sales to X’s of ₹ 300 debited to Y’s a/c as ₹ 30, now rectified) | |||||||
| 2 | Suspense A/c | Dr. | 300 | ||||
| To Customer’s A/c | 300 | ||||||
| (Being return inward book include an item of ₹ 150 posted to Dr. of a customer, now rectified) | |||||||
| 3 | Repair A/c | Dr. | 350 | ||||
| To Building A/c | 350 | ||||||
| (Being repair of building has been debited to building a/c, now rectified) | |||||||
| 4 | Furniture A/c | Dr. | 500 | ||||
| To X’s A/c | 500 | ||||||
| (Being furniture purchases from X omitted to be recorded, now rectified) | |||||||
| 5 | Returns inward A/c | Dr. | 2,000 | ||||
| To Suspense A/c | 2,000 | ||||||
| (Being returns inward book added ₹ 200 instead of ₹250, now rectified) | |||||||
| 6 | Sales A/c | Dr. | 500 | ||||
| To Suspense A/c | 500 | ||||||
| (Being sales book overcast, now rectified) | |||||||
| 7 | Sales A/c | dr. | 600 | ||||
| To Machinery A/c | 600 | ||||||
| (Being sales of old machinery credited to sales a/c, now rectified) | |||||||
Advertisement