[CBSE] Q 35 solution Rectification of Errors TS Grewal Class 11 (2022-23)

Are you looking for the solution to Question number 35 of the Rectification of Errors of TS Grewal Book class 11, 2022-23 CBSE Board?

Rectify the following errors by passing Journal entries:

(i) A sum of ₹ 470 received from Ganga was posted to her debit as ₹ 740.

(ii) A debit balance of ₹ 550 in the personal account of Mr. John was undercast.

(iii) Bills Receivable from Brown for ₹ 3,000 posted to the credit of Bills Payable Account and credited to Brown’s Account.

(iv) Goods returned by Mridul ₹ 225 have been entered in the Returns Outward Book.

Solution:-