[ISC] Q 26 Solution Rectification of Errors TS Grewal Class 11 (2022-23)

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Are you looking for the solution of Question number 26 of Rectification of Errors TS Grewal class 11 ISC 2022-23?

Pass rectifying Journal entries:

(i) Sale of goods to Raja Ram for ₹ 2,500 was passed through the Purchases Book.

(ii) A cheque of ₹ 5,000 issued to a supplier (shown under Sundry Creditors) towards his dues has been debited to the Purchases Account by error.

(iii) Furniture purchased on credit from Mohan Singh for ₹ 1,000 was entered in the Purchaess Book.

(iv) ₹ 5,000 spent on the extension of Building was debited to the Building Repairs Account.

(v) Goods returned by Mani Ram worth ₹ 1,200 were entered in the Returns Outward Book.

(vi) Material of the value of ₹ 2,000 was used in manufacturing some part of machinery in the factory itself. No record was made.

Solution:-

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