[ISC] Q 15 Rectification of Errors Solution TS Grewal Class 11 (2023-24)

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Solution of solution of Question number 15 of Rectification of Errors TS Grewal class 11 ISC 2023-24?

Pass rectifying Journal entries for the following errors:

(i) An amount of ₹ 5,000 debited as depreciation on furniture has not been posted to the Depreciation Account.

(ii) Goods of ₹ 20,000 sold to Kabir on credit were omitted to be recorded. But, cash received from him later was posted to his credit.

(iii) An old machine sold for ₹ 4,200 was entered in the Sales Book.

(iv) Repair of building for ₹ 2,900 was debited to the Building Account.

(v) ₹ 2,050 paid to Rohit, a creditor is posted to the debit of Mohit, another creditor as ₹ 5,020.

Solution:-

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