[ISC] Q 20 Rectification of Errors Solution TS Grewal Class 11 (2023-24)
Solution of solution of Question number 20 of Rectification of Errors TS Grewal class 11 ISC 2023-24?
Following errors affecting the accounts for the year ended 31st March, 2022 were identified in the books of Das & Co., Meerut:
(i) A sale of old furniture for ₹ 500 was treated as sale of goods.
(ii) Rent of proprietor’s residence of ₹ 6,000 was debited to the Rent Account.
(iii) A credit sale of ₹ 1,000 to Ram omitted to be recorded in the books.
(iv) ₹ 50,000 paid to the CA. Madhur as consultancy stands debited to his Personal Account.
(v) Credit purchase of goods amounting to ₹ 10,000 from Ramesh has not been posted.
(vi) Purchase of furniture on credit from Nigam for ₹ 3,000 posted to Subham account as ₹ 300.
Pass rectifying Journal entries, State the nature of each of these mistakes.
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Solution:-
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Below is the list of all the Practical problems
S.N | Solutions |
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2 | Question – 2 |
3 | Question – 3 |
4 | Question – 4 |
5 | Question – 5 |
6 | Question – 6 |
7 | Question – 7 |
8 | Question – 8 |
9 | Question – 9 |
10 | Question – 10 |
S.N | Solutions |
11 | Question – 11 |
12 | Question – 12 |
13 | Question – 13 |
14 | Question – 14 |
15 | Question – 15 |
16 | Question – 16 |
17 | Question – 17 |
18 | Question – 18 |
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20 | Question – 20 |
S.N | Solutions |
21 | Question – 21 |
22 | Question – 22 |
23 | Question – 23 |
24 | Question – 24 |
25 | Question – 25 |
26 | Question – 26 |
27 | Question – 27 |
28 | Question – 28 |
29 | Question – 29 |
30 | Question – 30 |
S.N | Solutions |
31 | Question – 31 |
32 | Question – 32 |
33 | Question – 33 |
34 | Question – 34 |
35 | Question – 35 |
36 | Question – 36 |
37 | Question – 37 |
38 | Question – 38 |
39 | Question – 39 |