[ISC] Q 37 Solution Rectification of Errors TS Grewal Class 11 (2022-23)

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Are you looking for the solution of Question number 37 of Rectification of Errors TS Grewal class 11 ISC 2022-23?

There was a difference of ₹ 270 in the Trial Balance which has been transferred to the credit side of the Suspense Account. Pass rectifying entries and prepare the Suspense Account to rectify the following errors:

(i) An amount of ₹ 375 now posted on the debit side of the Commission Account instead of ₹ 275.

(ii) Credit amount of ₹ 260 posted to the Debit of the Personal Account as ₹ 360.

(iii) Goods sold to Surinder recorded in Purchases Book ₹ 300;

(iv0 Deep’s bill for erection of godown at a cost of ₹ 1,200 has been charged to the Rekpairs Account.

Solution:-

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