[CBSE] Q 39 solution Rectification of Errors TS Grewal Class 11 (2022-23)

Are you looking for the solution to Question number 39 of the Rectification of Errors of TS Grewal Book class 11, 2022-23 CBSE Board?

A Trial Balance disclosed a difference of ₹ 417 placed on the credit side of Suspense Account. Later on the following errors were located:

(i) Goods worth ₹ 200 purchased from Sohan had been posted to his account as ₹ 250.

(ii) A purchase of furniture for ₹ 500 was recorded in the Purchases Book.

(iii) Instead of crediting Gian’s Account with ₹ 512, it was debited with ₹ 215.

(iv) Goods worth ₹ 130 returned by Gian were entered in the Sales Book and posted therefrom to the credit of Gian’s Personal Account.

Pass the rectifying entries and prepare a Suspence Account.

[Total of Suspense Account – ₹ 727.]

Solution:-