[CBSE] Q 14 solution Rectification of Errors TS Grewal Class 11 (2022-23)

Are you looking for the solution to Question number 14 of the Rectification of Errors of TS Grewal Book class 11, 2022-23 CBSE Board?

Rectify the following errors assuming that there is no Suspense Account:

(i) The Returns Inward Book has been overcasted by ₹ 200.

(ii) Purchases Book carried forward ₹ 75 less.

(iii) Sales Book carried forward ₹ 41 less on Page 10 and ₹ 43 more on Page 12.

(iv) Goods sold to Gautam were posted as ₹ 215 instead of ₹ 251.

Solution:-

i) In the credit side of Return Inward A/c: “By overcasting of ₹ 200” to rectify the error.

ii) In the debit side of Purchase A/c: “To undercasting of ₹ 75” to rectify the error.

iii) In the debit side of Sales A/c: “To overcasting of ₹ 2” to rectify the error.

iv) In the debit side of Gautam’s A/c: “To undercasting of ₹ 36” to rectify the error.