[ISC] Q 24 Solution Rectification of Errors TS Grewal Class 11 (2022-23)

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Are you looking for the solution of Question number 24 of Rectification of Errors TS Grewal class 11 ISC 2022-23?

Rectify the following errors:

(i) Wages paid for the construction of office debited to the Wages Account ₹ 5,000.

(ii) Machinery purchased for ₹ 35,000 was passed through the Purchases Book.

(iii) Old furniture sold for ₹ 1,000 passed through the Sales Book.

(iv) ₹ 2,000 paid to Mehta Bros. against acceptance were debited to Malhotra Bros. Account.

(v) Sales of ₹ 204 to Ram debited to his account as ₹ 402 and purchases of ₹ 1,012 from Shyam credited to his account as ₹ 1,210.

(vi) A bill of exchange (received from Hari) for ₹ 3,000 has been returned by the Bank, with whom it had been discounted,as dishonoured and had been credited to Bank Account and debited to Bills Receivable Account.

Solution:-

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Anurag Pathak

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