1. How will be the following errors rectified? (i) Purchases Book is overcasted by ₹10,000. (ii) Purchases Return Book is overcasted by ₹10,000. (iii) Purchases Return Book’s balance is carried forward in excess by ₹2,000. (iv) Purchases Book’s balance is carried forward in excess by ₹5,000. Note: The above errors...

2. How will be the following errors rectified? (i) Sales Book is short casted by ₹20,000. (ii) Sales Return Book is short casted by ₹2,000. (iii) Balance of Sales Book is carried forward short by ₹2,000. (iv) Balance of Sales Return Book is carried forward short by ₹500. T.S.Grewal/2024 Edition/Practical...

3. How will you rectify the following errors? (i) Sales Book is overcasted by ₹15,000. (ii) Sales Return Book is short casted by ₹3,500. (iii) Balance of Sales Book is carried forward in excess by ₹2,000. T.S.Grewal/2024 Edition/Practical Problems/Q-03 For full question, please refer to the text book T.S.Grewal’s Double...

4. Pass the necessary Journal entries to rectify the following errors: (i) Credit sale of ₹5,700 to Mohan was recorded as ₹7,500. (ii) Credit sale of ₹8,500 to Sohan was recorded as sale to Mohan. (iii) Credit sale of ₹8,500 to Meenu was recorded as sale to Meena as ₹5,800....

5. Pass the necessary Journal entries to rectify the following errors: (i) Credit sale of ₹2,500 to Kishan was posted to Krishan’s Account. (ii) Cash sale of ₹5,000 to Meenu was posted to the credit of Meena. (iii) Amount of ₹3,500 withdrawn from bank by the proprietor for his personal...

6. Rectify the following errors: (i) Sales to Gurman of ₹143 posted to his account as ₹134 (ii) Sales to Gurman of ₹143 debited to his account as ₹134. T.S.Grewal/2024 Edition/Practical Problems/Q-06 For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE...

7. Pass the necessary Journal entries to rectify the following errors: (i) ₹25,000 paid as wages for the construction of office building debited to Salaries Account.  (ii) ₹20,000 spent on the purchases of material for the construction of building debited to Purchases Account. (iii) ₹40,000 spent on the extension of...

8. Give rectifying Journal entries for the following errors: (i) Goods returned by Mohan of ₹2,500 not recorded in books. (ii) Goods distributed as free samples for ₹8,000 not recorded. (iii) Depreciation of machinery of ₹10,000 not charged. (iv) Goods costing ₹7,800, selling price ₹10,000 given as charity not recorded....

9. Rectify the following errors: (i) Anil’s Account was excess debited by ₹500 while Suraj’s Account was short debited by ₹500. (ii) Goods purchased from Kunal for ₹8,000 and from Kapil of ₹9,000 recorded correctly in the Purchases purchased Book. However, ₹9,000 was posted to Kunal and ₹8,000 to Kapil. ...

10. Following errors affecting the accounts for the year 2023-24 were detected in the books of Das & Co., Meerut: (i) Sale of old furniture for ₹8,000 was treated as sales of goods. (ii) Rent of proprietor’s residence ₹6,000 was debited to Rent Account. (iii)) Cash received from Rajesh ₹7,150...

11. Rectify the following errors assuming that there is no Suspense Account: (i) Salary of ₹10,000 paid to Rahul was not posted to Salaries Account. (ii) Sales to Amrish of ₹1,430 posted to his account as ₹1,340. (iii) Sales to Vijay of ₹2,470 posted to his account as ₹2,740. (iv)...

12. Rectify the following errors: (i) Purchases Book has been undercast by ₹1,000. (ii) Credit sale to Anu Prakash ₹7,000 was recorded in Purchases Book. (iii) Credit sale to Rahul ₹7,000 was recorded as ₹700. T.S.Grewal/2024 Edition/Practical Problems/Q-12 For full question, please refer to the text book T.S.Grewal’s Double Entry...

13. Which of the following errors will affect the Trial Balance? (i) The total of the Sales Book has not been posted to the Sales Account. (ii) ₹1,000 paid as installation charges of a new machine has been debited to Repairs Account. (iii) Goods costing ₹4,000 taken by the proprietor...

14. Rectify the following errors assuming that there is no Suspense Account: (i) The Returns Inward Book has been overcasted by ₹200. (ii) Purchases Book carried forward ₹75 less. (iii) Sales Book carried forward ₹41 less on Page 10 and ₹43 more on Page 12. (iv) Goods sold to Gurman...

15. Pass Journal entries to rectify the following errors which were located after preparing the Trial Balance: (i) The Sales Book was overcast by ₹500. (ii) Credit purchases from Aradhya ₹6,000 were posted to the debit of her account of ₹9,000. (iii) Goods returned from Ayan ₹8,000 were recorded in...

16. Following errors are discovered in the books of Ram Lal. Make the necessary entries to rectify them: (i) Purchases Journal was undercasted by ₹6,150. (ii) ₹500 received from Krishna was debited to his account. (iii) An amount of ₹3,000 withdrawn by the proprietor of the firm for his personal...

17. Rectify the following errors by passing Journal entries: (i) Old furniture sold for ₹500 has been credited to Sales Account. (ii) Machinery purchased on credit from Raman for ₹2,000 recorded through Purchases Book as ₹16,000. (iii) Cash received from Rajat ₹5,000 was posted to the debit of Bhagat as...

18. Give the rectifying entries of the following: (i) Sales of ₹20,000 to Sunil was recorded as ₹2,000 in the Sales Book. (ii) An amount of ₹35,000 spent for the extension of machinery has been debited to the Wages Account. (iii) Discount received from Ram & Co. ₹350, has not...

19. Pass the Journal entries rectifying the following errors: (i) Purchases of ₹20,000 was omitted to be recorded. (ii) Purchases of office furniture of ₹10,000 was recorded in Purchases Book. (iii) Office Rent of ₹15,000 was debited to the Personal Account of the landlord. (iv) Old machine sold for ₹7,000...

20. Rectify the following errors: (i) Total of one page of the Sales Book was carried forward to the next page as ₹2,785 instead of ₹2,587. (ii) A cheque of ₹400 received from Mohan was dishonoured and had been posted to the debit side of the Allowance Account. (iii) Return...

21. Rectify the following errors: (i) Purchases Book is overcast by ₹500. (ii) Salary paid to an employee, Ajay, is debited to his Personal Account ₹3,000 (iii) Goods sold to Shashi on credit ₹300 have been wrongly passed through the Purchases Book. (iv) Total of Returns Inward Book has been...

22. Mukesh found that the Trial Balance did not agree. He found the following errors: (i) In the Sales Book for the month of January, total of Page No. 3 was carried forward to Page No. 4 as ₹1,000 instead of ₹1,200 and total of Page No. 7 was carried...

23. Pass the rectifying entries for the following: (i) Sales of goods ₹6,000 to Madan were recorded as ₹600 in the Sales Book. (ii) Credit purchase of goods from Mohan amounting to ₹2,000 has been wrongly passed through the Sales Book. (iii) Return of goods worth ₹500 by a customer...

24. Give rectifying Journal entries for the following errors: (i) Sales of goods to Madan ₹6,000 were entered in the Sales Book as ₹600. (ii) Credit purchase of ₹1,500 from Ajay has been wrongly passed through the Sales Book. (iii) Repairs to building ₹300 were debited to Building Account. (iv)...

25. Give rectifying entries for the following: (i) ₹5,400 received from A was posted to the debit of his account. (ii) The total of Sales Return Book overcasted by ₹800. (iii) ₹2,740 paid for repairs to motor car was debited to Motor Car Account as ₹1,740. (iv) Returned goods to...

26. Pass Journal entries rectifying the following errors: (i) A cheque for ₹20,000 was received from Ranjan on which ₹200 Cash Discount was allowed. The cheque was not honoured on due date and the amount of discount was credited to Discount Received Account. (ii) ₹5,000 paid as wages for machinery...

27. Rectify the following errors: (i) Sales Book has been totalled ₹1,000 short. (ii) Goods worth ₹1,500 returned by Green & Co, have not been recorded anywhere. (iii) Goods purchased worth ₹2,500 have been posted to the debit of the supplier, Gupta & Co. (iv) Furniture purchased from Gulab &...

28. Pass Journal entries to rectify the errors in the following cases: (i) A purchase of goods from David amounting to ₹150 has been wrongly passed through the Sales Book. (ii) A credit sale of goods oft ₹120 to Peter has been wrongly passed through the Purchases Book. (iii) ₹200,...

29. (i) What are the different causes that make a Trial Balance incorrect? (ii) Pass the rectifying Journal entries: (a) A credit sale of goods for ₹2,500 to Krishna has been wrongly passed through the Purchases Book. (b) ₹5,000 paid for freight on machinery purchased was debited to the Freight...

30. Rectify the following errors: (i) Wages paid for the construction of office debited to the Wages Account, ₹5,000. (ii) Machinery purchased for ₹35,000 was passed through the Purchases Book. (iii) Old furniture sold for ₹1,000, passed through the Sales Book. (iv) ₹2,000 paid to Mehta Bros. were debited to...

31. Rectify the following errors: (i) Sale of old furniture worth ₹3,000 treated as sales of goods. (ii) Sales Book added ₹5,000 short. (iii) Rent of proprietor’s residence, ₹6,500 debited to Rent Account. (iv) Goods worth ₹11,970 returned by Manav posted to his debit as ₹11,790. (Delhi)   T.S.Grewal/2024 Edition/Practical...

32. Give the Journal entries to rectify the following errors: (i) Purchases Book was overcast by ₹1,000. (ii) Installation charges on new machinery purchased ₹500 were debited to Sundry Expenses Account as ₹50. (iii) Radhey Shyam returned goods worth ₹500 which was entered in the Purchases Return Book. (iv) Goods...

33. Rectify the following errors: (i) The total of one page of Sales Book was carried forward as ₹37l instead of ₹317 (ii) ₹540 received from Yatin was posted to the debit of his Account. (iii) Purchases Returns Book was overcast by ₹300. (iv) An item of ₹1,062 entered in...

34. Rectify the following errors by passing Journal entries: (i) A sum of ₹470 received from Ganga was posted to her debit as ₹740. (ii) A debit balance of ₹550 in the personal account of Mr. John was undercast. (iii) Cheque from Brown for ₹3,000 posted to the credit of...

35. While trying to close his books for the year ended 31st March, 2024, Mahesh found that the Trial Balance did not agree. He traced the following errors: (i) In the Sales Book for the month of January total of Page No. 2 was carried forward to Page No. 3...

36. Pass the rectification entries for the following transactions: (i) An amount of ₹2,000 received from Mohan on lst April, 2024 had been entered in the Cash Book as having been received on 31st March, 2024. (ii) The balance in the account of Rahim ₹1,000 had been written off as...

37. Pass the rectification entries for the following transactions: (i) Repairs to plant amounting to ₹2,000 had been charged to Plant and Machinery Account. (ii) An entry of ₹1,450 representing the selling price of goods returned to Mohan had been made in Return Outwards Book and posted. The amount should...

38. There was a difference in the Trial Balance of M/s. Jain & Sons, prepared for the year ended 31st March, 2024. The accountant put the difference in Suspense Account. The following errors were found: (i) Purchases Return Book total ₹400 has not been posted to Ledger Account. (ii) ₹5,100...

39. A Trial Balance disclosed a difference of ₹417 placed on the credit side of the Suspense Account. Later on the following errors were located: (i) Goods worth ₹200 purchased from Sohan had been posted to his account as ₹250.  (ii) A purchase of furniture for ₹500 was recorded in...

40. There was a difference of ₹720 in the Trial Balance which has been transferred to the credit side of the Suspense Account. Pass the rectifying entries and prepare a Suspense to rectify the following errors: (i) An amount of ₹375 now posted on the debit side of the Commission...

41. The Trial Balance of M/s. Gupta & Sons shows a difference of ₹52,200. To prepare the Final Account on 31st March, 2024, this difference is placed in a Suspense Account. Afterwards the following errors were disclosed, Pass the necessary entries to rectify them and show the Suspense Account. (i)...

42. Rajesh drew a Trial Balance for the year ended 31st March, 2024, There was a difference which he closed through Suspense Account. On a scrutiny, through following errors were found: (i) Purchase Book for the month of April 2023 was undercasted by ₹1,000. (ii) Sales Book of October 2023...

43. There was an error in the Trial Balance of Ram Gopal on 3lst March, 2024 and the difference in books was carried to the Suspense Account. On going through the books, you find that: (i) ₹540 received from Mayank was posted to the debit side of his account. (ii)...

44. Trial Balance of a bookkeeper shows an excess of debits over credits by ₹261. This difference is placed in a Suspense Account to facilitate books closure. Later on the following errors discovered: (i) A credit item of ₹349 has been debited to a Personal Account as ₹439.  (ii) A...

45. Rectify the following errors found in the books of Bheem. Trial Balance had ₹930 excess Credit. The difference has been posted to a Suspense Account:  (i) The total of Returns Inward Book has been cast ₹1,000 short. (ii) The purchase of an office table costing ₹3,000 has been passed...

46. The Trial Balance of Shri Ramdass did not agree and the difference in books was carried to a Suspense Account. Pass the entries required to rectify the following errors which accounted for the difference. Also, prepare the Suspense Account: (i) A Sales Invoice for ₹1,000 for goods sold on...

47. An accountant of a firm found that his Trial Balance was out (excess credit) by ₹742. He placed the amount in a Suspense Account and subsequently found the following errors:  (i) A discount of ₹178 was allowed to Bharat but in his account only ₹100 is recorded (ii) The...