[ISC] Q 30 Solution Rectification of Errors TS Grewal Class 11 (2022-23)

Share your love

Are you looking for the solution of Question number 30 of Rectification of Errors TS Grewal class 11 ISC 2022-23?

The Trial Balance of a bookkeeper shows an excess of debits over credits by ₹ 260. 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) ₹ 9,000 paid for furniture bought have been charged to the Purchases Account.

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

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

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

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

Solution:-

Below is the list of all the Practical problems

S.NSolutions
1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
8Question – 8
9Question – 9
10Question – 10
S.NSolutions
11Question – 11
12Question – 12
13Question – 13
14Question – 14
15Question – 15
16Question – 16
17Question – 17
18Question – 18
19Question – 19
20Question – 20
S.NSolutions
21Question – 21
22Question – 22
23Question – 23
24Question – 24
25Question – 25
26Question – 26
27Question – 27
28Question – 28
29Question – 29
30Question – 30
S.NSolutions
31Question – 31
32Question – 32
33Question – 33
34Question – 34
35Question – 35
36Question – 36
37Question – 37
38Question – 38
39Question – 39
40Question – 40
Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

Articles: 7312

Leave a Reply

Your email address will not be published. Required fields are marked *

x