[ISC] Q 39 Solution Rectification of Errors TS Grewal Class 11 (2022-23)
Are you looking for the solution of Question number 39 of Rectification of Errors TS Grewal class 11 ISC 2022-23?
A merchant while balancing his books finds that he is out with excess credit of ₹ 280. Being required to prepare the final accounts, he places the difference to a newly opened Suspense Account which he carries forward to the next year. In the next year, following mistakes were discovered.
(i) Goods bought from Mr. Ghosh amounting to ₹ 50 had been posted to the credit of his account as ₹ 550.
(ii) A dishonoured bill of exchange receivable for ₹ 2,000 returned by the bank had been credited to the Bank Account and debited to Bills Receivable Account.
(iii) An item of ₹ 100 entered in the Sales Return Book had been posted to the debit of the Customer who returned the goods.
(iv) Sundry items of furniture sold amounting to ₹ 2,600 had been entered in the Sales Book.
(v) Discount amounting to ₹ 20 from a creditor had been duly entered in his account but not posted to Discount Received Account.
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 |
