[CBSE] Q 43 solution Rectification of Errors TS Grewal Class 11 (2022-23)

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Are you looking for the solution to Question number 43 of the Rectification of Errors of TS Grewal Book class 11, 2022-23 CBSE Board?

Trial Balance of a bookkeeper shows an excess of debits over credits by ₹ 261. This difference is placed in a Suspense Account to facilitate books closure. Later on the following errors were discovered:

(i) A credit item of ₹ 349 has been debited to a personal Account as ₹ 439.

(ii) A sum of ₹ 625 written off from fixtures as depreciation has not been posted to the Depreciation Account.

(iii) ₹ 9000 paid for furniture bought have been charged to the Purchased Account.

(iv) A discount allowed to a customer has been credited to him as ₹ 145 in place of ₹ 154.

(v) A sale of ₹ 594 was posted as ₹ 495 in the Sales Account.

(vi) The total of Returns Inward Book has been added ₹ 10 short.

Pass the Journal entries to correct these errors and prepare the Suspense Account.


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Anurag Pathak

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