[ISC] Q 38 Solution Rectification of Errors TS Grewal Class 11 (2022-23)
Are you looking for the solution of Question number 38 of Rectification of Errors TS Grewal class 11 ISC 2022-23?
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.
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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 |