Please wait...
1800-212-7858 (Toll Free)
9:00am - 8:00pm IST all days

or

Thanks, You will receive a call shortly.
Customer Support

You are very important to us

For any content/service related issues please contact on this toll free number

022-62211530

Mon to Sat - 11 AM to 8 PM

T. S. Grewal Solution for Class 11 Commerce Accountancy Chapter 17 - Rectification of Errors

Share this:

T. S. Grewal Solution for Class 11 Commerce Accountancy Chapter 17 - Rectification of Errors Page/Excercise 17.32

Solution PQ 1

 

 

Journal 

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Suspense A/c

Dr.

10,000

------To Purchases A/c

10,000

(Being purchase book was overcast byRs.10,000, now rectified)

(ii)

Purchases Return A/c

Dr.

1,000

------To Suspense A/c

1,000

(Being purchase return book was overcast byRs.1,000, nowrectified)

(iii)

Purchases Return A/c

Dr.

100

------To Suspense A/c

100

(Being purchase return book's balance carried forward in excess ofRs.100, now rectified)

(iv)

Suspense A/c

Dr.

1,000

------To Purchases A/c

1,000

(Being purchase book's balance was carried forward in excess of Rs.1,000 now rectified)

 

 

Solution PQ 2

 

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Suspense A/c

Dr.

5,000

------To Sales A/c

5,000

(Being sales book was short by Rs.5,000, now rectified)

(ii)

Sales Return A/c

Dr.

500

------To Suspense A/c

500

(Being sales return book was short by Rs.500, now rectified)

(iii)

Suspense A/c

Dr.

1,000

------To Sales A/c

1,000

(Being sales book' balance carried forward was short byRs.1,000, now rectified)

(iv)

Sales Return A/c

Dr.

100

------To Suspense A/c

100

(Being sales return book' balance carried forward was short by Rs.100, now rectified)

 

 

Solution PQ 3

 

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Sales A/c

Dr.

5,000

------To Suspense A/c

5,000

(Being sales book was overcast by Rs.5,000, now rectified)

(ii)

Sales Return A/c

Dr.

500

------To Suspense A/c

500

(Being sales book was short by Rs.500, now rectified)

(iii)

Sales A/c

Dr.

1,000

------To Suspense A/c

1,000

(Being sales book's balance was carried forward in excess by Rs.1,000, now rectified)

(iv)

Suspense A/c

Dr.

100

------To Sales Return A/c

100

(Being sales return book's balance was carried forward in excess by Rs.100, now rectified)

 

 

Solution PQ 4

(i) Salary of Rs.5,000 paid to Rahul was not posted to Salary A/c

 

Salaries Account

Dr.

 

Cr.

Particulars

Rs. 

Particulars

Rs. 

To Cash A/c

5,000

 

 

 

 

 

 

 

(ii) Sales to Amrish of Rs.1,430 posted to his account as Rs.1,340

Amrish's Account

Dr.

 

Cr.

Particulars

Rs. 

Particulars

Rs. 

To Sales A/c

90

 

 

 

 

 

 

 

(iii) Sales to Vijay of Rs.2,470 posted to his account as Rs.2,740

Vijay's Account

Dr.

 

Cr.

Particulars

Rs. 

Particulars

Rs. 

 

 

By Sales A/c

270

 

 

 

 

 

(iv) Purchases from Pal of Rs.1,430 posted his account as Rs.1,340 

Pal's Account

Dr.

 

Cr.

Particulars

Rs. 

Particulars

Rs. 

 

 

By Purchase A/c

90

 

 

 

 

 

 

Solution PQ 5

The correct answer is option (i).

Total of Sales book has not been posted to Sales Account will affect the Trial Balance because due to undercast of Sales Accounts results in undercasting of credit side of the Trial Balance.

Solution PQ 6

 

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Suspense A/c

Dr.

500

------To Sales A/c

500

(Being sales book was added short, now rectified)

(ii)

Purchases A/c

Dr.

5,000

------To Suspense A/c

5,000

(Being purchases book was undercast, now rectified)

(iii)

Suspense A/c

Dr.

1,500

------To Purchases Return A/c

1,500

(Being purchases return book was cast short, now rectified)

(iv)

Sales Return A/c

Dr.

200

------To Suspense A/c

200

(Being sales return book was undercast now rectified)

 

 

Solution PQ 7

(i)The Returns Inward Book has been overcast by Rs.200

 

Return Inwards Book

Dr.

 

Cr.

Date

Particulars

L.F.

Rs. 

Date

Particulars

L.F.

Rs. 

 

 

 

 

 

Over Casting of Return Inwards Book

 

200

 

 

 

 

 

 

 

 

 

(ii) Purchases Book carried forward Rs.75 less.

Purchases Account 

Dr.

 

Cr.

Date

Particulars

L.F.

Rs. 

Date

Particulars

L.F.

Rs. 

 

Carry forwarding of Purchases Book Less

 

75

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(iii) Sales Book carried forward Rs.41 less on Page 10 and Rs.43 more on Page 12 

 

Sales Account

Dr.

 

Cr.

Date

Particulars

L.F.

Rs. 

Date

Particulars

L.F.

Rs. 

 

Net Carry forwarding of Sales Book excess

 

2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(iv) Goods sold to Gautam were posted as Rs.215 instead of Rs.251 

 

Sales Account

Dr.

 

Cr.

Date

Particulars

L.F.

Rs. 

Date

Particulars

L.F.

Rs. 

 

 

 

 

 

Difference in the amount posted

 

36

 

 

 

 

 

 

 

 

 

 

 

Gautam Account

Dr.

 

Cr.

Date

Particulars

L.F.

Rs. 

Date

Particulars

L.F.

Rs. 

 

Difference in the amount posted

 

36

 

 

 

 

 

 

 

 

 

 

 

 

 

 

T. S. Grewal Solution for Class 11 Commerce Accountancy Chapter 17 - Rectification of Errors Page/Excercise 17.33

Solution PQ 8

 

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Purchases A/c

Dr.

2,150

------To Suspense A/c

2,150

(Being purchases book was under cast now rectified)

(ii)

Suspense A/c

Dr.

1,000

------To K. Krishna A/c

1,000

(Bring received from K. Krishna was wrongly debited, now rectified )

(iii)

Drawings A/c

Dr.

3,000

------To Travelling Expense A/c

3,000

(Being amount withdrawn by proprietor for personal use wrongly posted to travelling expenses account, now rectified)

(iv)

R. Gopalan

Dr.

18

------To Suspense A/c

18

(Being R. gopalan's account was debited by Rs.157 instead of Rs.175, now rectified)

 

 

Solution PQ 9

 

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Purchase A/c

Dr. 

10,000

------To Suspense A/c

10,000

(Being purchase of goods worth Rs.10,000 were omitted to be recorded now rectified)

(ii)

Furniture A/c

Dr.

10,000

------To Purchases A/c

10,000

(Being purchase of office furniture was recorded in purchase book, now rectified)

(iii)

Rent A/c

Dr.

15,000

------To Landlord's A/c

15,000

(Being office rent of Rs.15,000 was debited to landlord's personal account, now rectified)

(iv)

Sales A/c

Dr.

5,000

------To Machinery A/c

5,000

(Being sale of machinery costing Rs.5,000 was credited to sales A/c, now rectified)

 

 

Solution PQ 10

 

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Nature - Error of Principle 

Sales A/c

Dr.

5,000

------To Furniture A/c

5,000

(Being sale of old furniture treated as sale of goods, now rectified)

(ii)

Nature - Error of Principle 

Drawings A/c

Dr.

6,000

------To Rent A/c

6,000

(Being rent paid for proprietor's residence treated as rent paid, now rectified)

(iii)

Nature - Error of Commission 

Brajesh's A/c

Dr.

2,150

------To Rajesh's A/c

2,150

(Being cash received from Rajesh, credited to Brajesh's, now rectified)

 

 

Solution PQ 11

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Purchases A/c

Dr.

1,000

------To Suspense A/c

1,000

(Being purchases book was undercast by Rs.1,000, now rectified)

(ii)

Anu Prakash A/c

Dr.

14,000

------To Purchases A/c

7,000

------To Sales A/c

7,000

(Being sales to AnuPrakash was recorded in purchases book, now rectified)

(iii)

Rahul's A/c

Dr.

6,300

------To Sales A/c

6,300

(Being sales to Rahul Rs.7,000 was recorded asRs.700, now rectified)

 

Note: In the book, this transaction is incomplete, thus it has been assumed that 'Credit sales to Rahul was recorded as Rs.700 instead of Rs.7,000

Solution PQ 12

 

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Sales A/c

Dr.

198

------To Suspense A/c

198

(Being carry forwarding Rs.2,785 instead of Rs.2,587, now rectified)

(ii)

Mohan A/c

Dr.

400

------To Allowance A/c

400

(Being acheque received from Mohan was dishonoured but debited wrongly to allowance's account, now rectified)

(iii)

Sales Return A/c

Dr.

5,000

Purchases Return A/c

Dr.

5,000

------To Customer A/c

10,000

(Being goods return by a customer was recorded wrongly to purchase return book, now rectified)

(iv)

Sundry Creditors

Dr.

200

Sundry Debtors

Dr.

200

------To X's A/c

400

(Being amount owed by X's was included in sundry creditors, now rectified)

(v)

Sales A/c

Dr.

340

Suspense A/c

Dr.

90

------To Furniture A/c

430

(Being sale of old furniture Rs.430 was wrongly debited to sales account for Rs.340, now rectified)

 

 

Solution PQ 13

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Suspense A/c

Dr.

500

------To Purchases A/c

500

(Being purchase book was over cast now rectified)

(ii)

Salaries A/c

Dr.

3,000

------To Mr. Ajay A/c

3,000

(Being salary paid to Mr. Ajay was debited wrongly to Mr. Ajay's account)

(iii)

Shashi A/c

Dr.

600

------To Sales A/c

300

------To Purchases A/c

300

(Being goods sold to Shashi was wrongly passed through purchases book, now rectified)

(iv)

Return Inwards A/c

Dr.

9

------To Suspense A/c

9

(Being return inwards book was added short by Rs.9, now rectified)

(v)

Furniture A/c

Dr.

35

Happy Traders A/c

Dr.

18

------To Purchases A/c

53

(Being purchase of chair Rs.35 was recorded in the purchases book asRs.53, now rectified)

 

 

T. S. Grewal Solution for Class 11 Commerce Accountancy Chapter 17 - Rectification of Errors Page/Excercise 17.34

Solution PQ 14

 

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Suspense A/c

Dr.

5,000

------To Salaries A/c

5,000

(Being payment of salaries Rs.5,000 was posted twice wrongly in salaries account, now rectified)

(ii)

Suspense A/c

Dr.

750

------To Rajesh A/c

750

(Being received Rs.750 from Rajesh was omitted to be posted his account, now rectified)

(iii)

Sales A/c

Dr.

3,000

------To Suspense A/c

3,000

(Being sales was overcast, now rectified)

(iv)

Advertisement A/c

Dr.

2,000

------To Purchases A/c

2,000

(Being goods distributed as free sample were not recorded, now recorded)

 

 

Solution PQ 15

 

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Vinod A/c

Dr.

9

------To Suspense A/c

9

(Being Rs.9 was posted less in Vinod's account, now rectified)

(ii)

Vinod A/c

Dr.

9

------To Suspense A/c

9

(Being Vinod's account was wrongly debited with Rs.9 less, now rectified)

(iii)

Vinod A/c (134 +143)

Dr.

277

------To Suspense A/c

277

(Being sales to Vinod of Rs.143 was wrongly credited asRs.134, now rectified)

 

 

Solution PQ 16

 

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Manoj A/c

Dr.

18,000

------To Sales A/c

18,000

(Being sales Rs.20,000 was recorded wrongly as Rs.2,000, now rectified)

(ii)

Machinery A/c

Dr.

25,000

------To Wages A/c

25,000

(Being amount spent on installation of machinery was debited wrongly to wages account, now rectified)

(iii)

Ram and Co. A/c

Dr.

4,750

------To Discount Received A/c

4,750

(Being discount received from Ram and Co. not been entered in the cash book, now rectified)

(iv)

Mahesh A/c

Dr.

6,000

------To Sales A/c

3,000

------To Purchases A/c

3,000

(Being goods sold to Mahesh was recorded wrongly in purchases book now rectified)

 

 

Solution PQ 17

 

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Depreciation A/c

Dr.

1,500

------To Suspense A/c

1,500

(Being amount of depreciation was not debited in depreciation account ,now recorded)

(ii)

Return Outwards A/c

Dr.

85

------To Suspense A/c

85

(Being return outwards book was overcast, now rectified)

(iii)

Suspense A/c

Dr.

1,000

------To Basu Dev A/c

1,000

(Being goods returned by Basu Dev was wrongly debited to his account, now rectified)

(iv)

Suspense A/c

Dr.

4,500

------To Krishna Mohan A/c

4,500

(Being Krishna Mohan's account was wrongly debited, now rectified)

 

 

Solution PQ 18

 

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Suspense A/c

Dr.

180

------To R. Krishan

180

(Being goods sold to R. Krishan of Rs.132 was posted as Rs.312 in his account, now rectified)

(ii)

Ramesh A/c

Dr.

2,000

------To Suspense A/c

2,000

(Being credit side of Ramesh's account overcast, now rectified)

(iii)

Purchases A/c

Dr.

45

------To Suspense A/c

45

(Being total of purchases book was posted less by Rs.45, now rectified)

(iv)

Printer A/c

Dr.

4,000

------To Purchases A/c

4,000

(Being purchase of printer was wrongly posted to purchases account, now rectified)

(v)

Suspense A/c

Dr.

4,000

------To Pandey's A/c

4,000

(Being amount wrongly debited to Pandey's account for goods returned by him. now rectified)

 

 

Solution PQ 19

 

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Purchases A/c

Dr.

5,000

------To Ram A/c

5,000

(Being purchases from ram was omitted to be recorded , now recorded)

(ii)

Sales A/c

Dr.

18

------To M/s Goodluck and Co A/c

18

(Being sale of goods Rs.257 to M/s Goodluck and Co was wrongly recorded as Rs.275, now rectified)

(iii)

Office Furniture A/c

Dr.

500

------To Purchase A/c

500

(Being purchases of office furniture was wrongly recorded to purchases account, now rectified)

(iv)

Rent A/c

Dr.

500

------To Landlord A/c

500

(Being rent paid was debited wrongly to landlord account, now rectified)

(v)

Rs.2,000 will be shown in the debit column of Trial Balance

 

 

T. S. Grewal Solution for Class 11 Commerce Accountancy Chapter 17 - Rectification of Errors Page/Excercise 17.35

Solution PQ 20

 

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Suspense A/c

Dr.

200

------To Sales A/c

200

(Being sales book balance wrongly carried forward by less amount, now rectified)

Sales A/c

Dr.

600

------To Suspense A/c

600

(Being sales book balance wrongly carried forward by more amount, now rectified)

(ii)

Sales A/c

Dr.

10,000

------To Purchases Return A/c

10,000

(Being goods return wrongly recorded in sales book, now rectified)

(iii)

Riya A/c

Dr.

10,000

------To Allowances A/c

10,000

(Being discounted wrongly posted to the debit of allowances account, now rectified)

 

 

Solution PQ 21

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Madan A/c

Dr.

5,400

------To Sales A/c

5,400

(Being sale of goods to Madan Rs.6,000 was wrongly recorded asRs.600)

(ii)

Sales A/c

Dr.

2,000

Purchases A/c

Dr.

2,000

------To Mohan A/c

4,000

(Being purchases of goods from Mohan was wrongly recorded in the sales book, now rectified)

(iii)

Sales Return A/c

Dr.

500

Purchases Return A/c

Dr.

500

------To Customer A/c

1,000

(Being sales return was entered wrongly in purchases return book now rectified)

(iv)

Rajan A/c

Dr.

400

------To Discount A/c

400

(Being discount account was debited wrongly on dishonour of Rajan's cheque, now rectified)

(v)

Repair A/c

Dr.

820

------To Purchases A/c

720

------To Suspense A/c

100

(Being repair of machinery Rs.820 was recorded wrongly to purchases book now rectified)

 

 

Solution PQ 22

 

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Madan A/c

Dr.

5,400

------To Sales A/c

5,400

(Being sale of goods Rs.6,000 to Madan was wrongly recorded as Rs.600)

(ii)

Purchases A/c

Dr.

1,500

Sales A/c

Dr.

1,500

------To Ajay A/c

3,000

(Being purchase of goods from Ajay was wrongly passed through sales book)

(iii)

Repair A/c

Dr.

300

------To Building A/c

300

(Being repair of building Rs.300 was wrongly debited to building account, now rectified)

(iv)

Rohit A/c

Dr.

2,050

Suspense A/c

Dr.

2,970

------To Mohit A/c

5,020

(Being payment to RohitRs.2,050 was wrongly debited Mohit's account as Rs.5,020, now rectified)

(v)

Purchases Return A/c

Dr.

400

------To Suspense A/c

400

(Being purchase return book was overcast now rectified)

 

 

Solution PQ 23

 

Journal

Date 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Suspense A/c

Dr.

10,800

------To Mr. A A/c

10,800

(Being received Rs.5,400 from Mr A was wrongly debited to his account, now rectified)

(ii)

Suspense A/c

Dr.

800

------To Sales Return A/c

800

(Being sales return book was overcast, now rectified)

(iii)

Repair A/c

Dr.

2,740

------To Motor Car A/c

1,740

------To Suspense A/c

1,000

(Being repairs of motor cars Rs.2,740 was wrongly debited to motor car account as Rs.1,740, now rectified)

(iv)

Shyam A/c

Dr.

3,000

------To Return Inwards A/c

1,500

------To Return Outwards A/c

1,500

(Being return outward to Shyam was wrongly recorded in the return inwards book, now rectified)

 

 

Solution PQ 24

 

 

Journal

Sr. No. 

Particulars 

L.F.

Dr.

Rs.

Cr.

Rs. 

(i)

Discount Received A/c

Dr.

200

------To Discount Allowed A/c

200

(Being on dishonour of Ranjan's cheque, instead of crediting discount allowed account, discount received account was wrongly credited, now rectified)