[CBSE] Q 46 solution Rectification of Errors TS Grewal Class 11 (2022-23)

Are you looking for the solution to Question number 46 of the Rectification of Errors of TS Grewal Book class 11, 2022-23 CBSE Board?

The Trial Balance of S. Sen did not agree and the difference in the books was carried to a Suspense Account. Pass the entries required to rectify the following errors which accounted for the difference. Also, prepare the Suspense Account.

(i) A Sales Invoice for ₹ 1,000 for goods sold on credit to B. Basu was entered in the Purchases Book but in the Ledger, the amount was correctly debited to the account of B. Basu.

(ii) Goods bought on credit from Ram Lal for ₹ 1,500 were wrongly debited to his accoufnt as ₹ 5,100.

(iii) An amount of ₹ 275 was posted as ₹ 325 to the debit side of the Commission Account.

(iv) The Sales Book for the month of April was undercasted by ₹ 100.

(v) ₹ 460 paid for building repairs was debited to the Building Account as ₹ 640.

[Suspense Account opened with a Credit of ₹ 8,930.]

Solution:-