[ISC] Q 37 Rectification of Errors Solution TS Grewal Class 11 (2023-24)
Solution of solution of Question number 37 of Rectification of Errors TS Grewal class 11 ISC 2023-24?
An accountant could not tally the Trial Balance. The difference was temporarily placed to Suspense Account for preparing the final accounts. The following errors were discovered later:
(i) The Sales Book was undercast by ₹ 530.
(ii) Entertainment expenses ₹ 95 though correctly entered in the Cash Book were omitted to be posted in the Ledger.
(iii) Commission of ₹ 25 paid was posted twice, once to Discount Account and then to Commission Account.
(iv) A sale of ₹ 139 to Ramnath, though correctly entered in the book was posted wrongly to his account as ₹ 193.
You are required to pass necessary rectifying Journal entries in teh books of the next accounting year so as not to affect the profit of that year.
Solution:-
Below is the list of all the Practical problems
| S.N | Solutions |
| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
| 6 | Question – 6 |
| 7 | Question – 7 |
| 8 | Question – 8 |
| 9 | Question – 9 |
| 10 | Question – 10 |
| S.N | Solutions |
| 11 | Question – 11 |
| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
| 17 | Question – 17 |
| 18 | Question – 18 |
| 19 | Question – 19 |
| 20 | Question – 20 |
| S.N | Solutions |
| 21 | Question – 21 |
| 22 | Question – 22 |
| 23 | Question – 23 |
| 24 | Question – 24 |
| 25 | Question – 25 |
| 26 | Question – 26 |
| 27 | Question – 27 |
| 28 | Question – 28 |
| 29 | Question – 29 |
| 30 | Question – 30 |
| S.N | Solutions |
| 31 | Question – 31 |
| 32 | Question – 32 |
| 33 | Question – 33 |
| 34 | Question – 34 |
| 35 | Question – 35 |
| 36 | Question – 36 |
| 37 | Question – 37 |
| 38 | Question – 38 |
| 39 | Question – 39 |
