[CBSE] Q 7 solution Rectification of Errors TS Grewal Class 11 (2022-23)

Are you looking for the solution to Question number 7 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) ₹ 15,000 paid as wages for the construction of office building debited to salaries account.

(ii) ₹ 20,000 spent on the purchase of material for the construction of building debited to Purchases Account.

(iii) ₹ 50,000 spent on the extension of building was debited to Building Repairs Account.

(iv) ₹ 25,000 spent on whitewash of a new building was charged to Building Repairs Account.

(v) ₹ 1,000 paid as intallation charges for newly purchased second hand machinery posted to Cartage Account.

(vi) ₹ 10,000 paid as repairing charges on the reconditioning of a newly purchased second hand machinery debited to General Expenses Account.

(vii) ₹ 5,000 paid as repairing charges of an existing machine in use charged to Machinery Account.

(viii) ₹ 10,000 paid by cheque for a printer was charged to the Office Expenses Account.

Solution:-