[CBSE] Q 40 solution Rectification of Errors TS Grewal Class 11 (2022-23)

Share your love

Are you looking for the solution to Question number 40 of the Rectification of Errors of TS Grewal Book class 11, 2022-23 CBSE Board?

There was a differnece of ₹ 720 in the Trial Balance which has been transferred to the credit side of the Suspense Account. Pass the rectifying entries and prepare a Suspense Account to rectify the following errors:

(i) An amount of ₹ 375 now posted on the debit side of the Commission Account instead of ₹ 275.

(ii) Credit amount of ₹ 260 posted to the debit of the Personal Account as ₹ 360.

(iii) Goods sold to Surinder recorded in Purchases Book ₹ 300.

(iv) D’s Bill for erection of godown at a cost of ₹ 1,200 has been charged to the Repairs Account.

[Total of Suspense Account – ₹ 720.]


Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 5229

Leave a Reply

Your email address will not be published. Required fields are marked *


Ad Blocker Detected!

Our Website is made possible by displaying online advertisements to our visitors. Please consider supporting us and remove the AD - Blocker to read this article.


error: Content is protected !!