[CBSE] Q 5 solution Rectification of Errors TS Grewal Class 11 (2022-23)

Are you looking for the solution to Question number 5 of the Rectification of Errors of TS Grewal Book class 11, 2022-23 CBSE Board?

Pass the necessary Journal entries to rectify the following errors:

(i) Credit sale of ₹ 7,5000 to Kishan was posted to Krishan’s Account.

(ii) Cash sale of ₹ 7,000 to Meenu was posted to the credit of Meena.

(iii)Amount of ₹ 1,500 withdrawn from bank by the proprietor for his personal use was debited to Purchases Account.

(iv) Credit sale of old furniture to Mohan for ₹ 1,700 was posted as ₹ 7,100.

(v) Credit sale of old furniture to Babu Ram for ₹ 3,000 was credited to Sales Account.

(vi) Cheque of ₹ 1,280 received from Farid was dishonoured and has been posted to the debit of Sales Return Account.

Solution:-