19. Trial balance of Anuj did not agree. It showed an excess credit of ₹6,000. He put the difference to suspense account. He discovered the following errors Cash received from Ravish ₹8,000 posted to his account as ₹6,000. Returns inwards book overcast by ₹1,000. Total of sales book ₹10,000 was not posted to Sales account. … Read more
18. Rectify the following errors assuming that suspense account was opened. Ascertain the difference in trial balance. Depreciation provided on machinery ₹4,000 was not posted to Depreciation account. Bad debts written-off ₹5,000 were not posted to Debtors account. Discount allowed to a debtor ₹100 on receiving cash from him was not posted to discount allowed … Read more
17. Rectify the following errors: Depreciation provided on machinery ₹4,000 was posted as ₹400. Bad debts written off ₹5,000 were posted as ₹6,000. Discount allowed to a debtor ₹100 on receiving cash from him was posted as ₹60. Goods withdrawn by proprietor for personal use ₹800 were posted as ₹300. Bill receivable for ₹2,000 received … Read more
16. Rectify the following errors: Depreciation provided on machinery ₹4,000 was not posted. Bad debts written off ₹5,000 were not posted. Discount allowed to a debtor ₹100 on receiving cash from him was not posted. Discount allowed to a debtor ₹100 on receiving cash from him was not posted to discount account. Bill receivable for … Read more
15. Rectify the following errors assuming that suspension account was opened. Ascertain the difference in trial balance. Furniture purchased for ₹10,000 wrongly debited to purchase account as ₹4,000. Machinery purchased on credit from Raman for ₹20,000 recorded through Purchases Book as ₹6,000. Repairs on machinery ₹1,400 debited to Machinery account as ₹2,400. Repairs on overhauling … Read more
14. Rectify the following errors: Furniture purchased for ₹10,000 wrongly debited to purchases account. Machinery purchased on credit from Raman for ₹20,000 was recorded through purchases book. Repairs on machinery ₹1,400 debited to machinery account. Repairs on overhauling of second hand machinery purchased ₹2,000 was debited to Repairs account. Sale of old machinery at book … Read more
13. Rectify the following errors assuming that suspense account was opened. Ascertain the difference in trial balance. Credit sales to Mohan ₹7,000 were recorded in Purchase Book. However, Mohan’s account was correctly debited. Credit purchases from Rohan ₹9,000 were recorded in sales book. However, Rohan’s account was correctly credited. Goods returned to Rakesh ₹4,000 were … Read more
12. Rectify the following errors assuming that a suspense account was opened. Ascertain the difference in trial balance. Credit sales to Mohan ₹7,000 were posted to Karan as ₹5,000. Credit purchases from Rohan ₹9,000 were posted to the debit of Gobind as ₹10,000. Goods returned to Rakesh ₹4,000 were posted to the credit of Naresh … Read more
11. Rectify the following errors assuming that a suspense account was opened. Ascertain the difference in trial balance. Credit sales to Mohan ₹7,000 were posted to the credit of his account. Credit purchases from Rohan ₹9,000 were posted to the debit of his account as ₹6,000. Goods returned to Rakesh ₹4,000 were posted to the … Read more
10. Rectify the following errors: Credit sales to Mohan ₹7,000 were posted to Karan. Credit purchases from Rohan ₹9,000 were posted to Gobind. Goods returned to Rakesh ₹4,000 were posted to Naresh. Goods returned from Mahesh ₹1,000 were posted to Manish. Cash sales ₹2,000 were posted to commission account. NCERT/Rationalised 2023-24/Numerical Questions/Q-10 Answer : Back