[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.
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 |
